In Cleveland, Art Modell's son David adamantly declared that the Browns would not
be moved from Cleveland in the 90's and lo and behold his father Sir Arthur did just that, explaining
"I had no choice" Yeah right, the cash flow from operating the Browns in Cleveland, simply did not provide the cash flow necessary to support your outrageous wants and needs.
But keep in mind this, these clowns may have golden parachutes in their contracts, It just may cost more to get rid of them by firing them. Perhaps if enough pressure is put on these bozos they would leave on their own accord and hopefully, the parachutes would not need to be opened..
Lance and Sheets, don't you dare open up your pieholes and cry to us about the dividend income you will be forgoing as a result of the dividend cut.
If anything you clowns you need to apologize for your blatant lie. This is what you need to do: CUT 100% OF YOUR COMPENSATION STOCK OPTIONS, BONUS EXPENSE REIMBURSEMENTS ETC ETC ETC, IF YOU GIVE A DAMN about the company and the shareholders you allegedly work for. .
That of course will take place when HELL FREEZES OVER!
I forgot to mention that the dividends that COP pay are considered qualified dividends.
What that means is for ham and egger investors such as myself who are in the 10% and 15% federal tax brackets, these dividends are TAX FREE FOR FEDERAL INCOME TAX PURPOSES.
So yet another component of that blunt tool to mitigate financial risk is investment in dividend paying stocks in which the dividends are considered qualified.
I'll ride the storm till the dividend is cut, and then maybe that ..8% yield on that bank CD will look attractive.
Look, if you have a stake in the company, I doubt that anyone is forcing you to retain it.
Investment in common stocks, and it matters not what sector of the economy a company occupies is a risky venture. One's principal is at risk.
One's job like it or not is to mitigate that risk a difficult task to be sure. Dividend paying stocks such as COP at least afford one a tool however blunt that tool is as a means to mitigate that risk.
Banks have become nothing more than a warehouse for ones money. When a bank SCREAMS WE ARE OFFERING A TERRIFIC YIELD OF .8% on a 7 month CD, where is one going to go to get a yield to supply more than drips and drops of cash flow for their every day needs?
Are Lance and Sheets lying? Who the hell knows? All I know I'm not going to close my position in COP and place that money in that bank screaming about THEIR TERRIFIC .8%
Maybe you should be Jim Cramer's eventual successor.
Every day that one awakens to find themselves still upright, and still have the capacity to multitask by walking talking and chewing gum at the same time, without outside assistance is "tomorrow's the big day, today".
In what direction, down?
These characters are basically the 21st century version of the snake oil salesman.
Until these bozos disclose their respective IRS form 8949 transactions, they are as bogus as the "championship belts" worn by the 16 time World Wrestling Heavyweight champion Nature Boy Ric Flair
Time to call in Patriarch Partners CEO the Diva of Distressed Companies Lynn Tilton to the rescue.
Shaulson, Lynn has no tolerance for fat lazy men.
Cramer is a showman, first and foremost.
Until Jimbo publicly discloses the outcomes of his trades to determine if he truly is a savvy investor or just another snake oil salesman, take what the man says with a grain of salt.
And the Rock says, it doesn't care what Penny Stock 101 says. The Rock says you can take all that hot wind that those jabornies say and blow it up you know where, if you can SMELLLLLLL WHAT THE ROCK IS COOKOiN!!!!!!!!!!!!!!!!,
Could it be that the only difference between a pat on the back and a kick in the backside is 18 inches?
And the Cleveland Browns win the Super Bowl next year.
I'd rather take $10,000 and enter the World Series of Poker. I have about just as good a chance of making it to the final table as one would see "fruitful" returns on this stock.
At least I would have fun in my vain attempt of finishing "in the money" let alone making it to the final table.
Next thing you know, we'll be citing the latest development occurring with that Diva of Distressed Companies Patriarch Partner CEO Lynn Tilton, in her ongoing dispute with the SEC, investors in her Zohar I II & III entities, and MBIA as a factor influencing share price.
Don't know, but I suspect that Donald Trump, and Patriarch Partner CEO Lynn Tilton do know and neither any of the Kardashian sisters, or WPT announcer Vince Van Patten have a clue.
Well then it is time for an unimportant post.
Much to my surprise, while watching that 'wonderful' reality show "The Real Housewives of Beverly HIlls" recently, I learned that WPT announcer VInce Van Patten is in real life married to one of these damsels
No wonder Vince's career as a professional poker player has been as unsuccessful as his previous stint as a professional tennis player.
.Now I understand the nature of the comment he made on an opening segment of a WPT televised event that aired about a year ago, about a Kardashian sister and Saturday night.
Now here is a company that one would think would be of interest for the Diva of Distressed Companies Patriarch Partner's CEO Lynn Tilton.
The amount of cosmetics that woman must consume to maintain her current appearance multiplied by a large number of similiar consumers would make this a highly profitable company.
Now if only the SEC would leave her alone. There are so many US distressed companies that would provide turnaround opportunities for a lady who "strips and flips men" not companies.
Instead of attending an Ivy League school, the youngsters may have to attend the State school nearest to their home and commute to campus on a daily basis from the parental home. The kids will remain living at home for at least 4 or perhaps more years !!!!????
Tell me college educated citizen, how much time did you expend during your college attending years living away from home for presumably the first time paying a very hefty premium vs the local university so that you could enjoy unrestricted access , to "educational opportunities" that did nothing to enhance your marketability for a prospective employer.
Those 'educational endeavors" are available as well at your friendly local University.
But you say that by remaining at home, there are rules and regulations that make it more difficult for one from participating in many of such "educational opportunities".
May as well become a professional poker player on the WPT tour.
At least you get to meet and discuss investment strategies with the lovely Royal Flush Girls, once you get eliminated from the tournament
The downside would be the possibility of spending time with the insufferable Vince Van Patten.
I still would like to know more about Van Patten's comment regarding Kardashian sisters and Saturday night.
Whatever became of Kimberly Lansing, and Vince's sister-in-law Shana Hiatt?