Amen. I need my cash also. I'm so old I don't even buy green bananas. Just this morning I went into the diner and ordered a three-minute egg. The waitress asked for payment in advance. Keep it all in perspective.
Discount again widened on the Monday Greek sell-off. It hit a record 14.2%. FEAR! Tuesday brought a 2.5% pop in the stock price on large volume. Is this the bottom?
to 13.5% as of 6/26 close. This has almost doubled since March! The yield is now 9.6% versus 8.8% in March. Sellers of ISD are acting as if the Fed has already raised rates a few times. I may be way off base but this seems a little silly. To paraphrase the limbo dancers: "How wide can we go?"
Sentiment: Strong Buy
Why is HAS selling at 25x earnings? 2015 earnings are actually estimated to fall from 2014. The only reason I see is that 2016 earnings estimates are 25% above 2015. Any other reasons? As the bard said, " 'Tis many a slip twixt the cup and the lip."
After the initial wiggles CORR has traded @ $6.08 (bid)-6.09(ask) all day! I thought that the trading might have been halted but, no, orders are flowing in large numbers.I've never a seen anything like it. Not even a penny shift. Any ideas? Will they price the secondary after hours today?
What are the odds that EXXI will not be able to meet payments? Worst case scenario: If EXXI does go bankrupt what happens to the property? I imagine that CORR would have to find a new company to run the assets as they are not an operating company. How much lower rate would they have to offer? I don't think this will happen as management is very experienced but this is just a "what if" exercise.
What does this mean for HAS stock price?
to Neutral from accumulate with the target price lowered to $26 from $30 raises a number of questions: How are they seen by the investment community? How influential are they? Does anybody have access to any actual report spelling out the rationale behind their analysis? Will yesterday's obvious leak before the downgrade be investigated? Does any of this really matter in the long run?
because……..? I received the proxy today and voted to open end. Can this have anything to do with the volume? If so, why? Are any activists pushing for the open end option?
Why in the world would they have raised the dividend for the first time in tow years if they believed they might have to soon cut it?
has piqued the interest of Larry Robbins. Glenview Capital has gone activist here. Ichan, Relational and Dinan also have stakes. Wile TEX has some hedge fund ownership, will some of the larger players see value here?
These facts may be known to you because you follow the company so closely and have long term experience to draw on. However, certainly,the general investing public and, even in some cases, portfolio managers,without the benefit of your perspective, are still moved to action by headlines. I think that the recent reversal to the upside, albeit small, was aided by this financial news.
ISD has a conference call tomorrow, Tuesday, June 2 @ 3:00PM eastern time. The call in # is 800-230-1951. Call ID: 361314. Let's see if there's anything new.
Wow! Maybe I can start talking to someone else other than myself on this board. The Barron's article is a strong positive but, even though I am long term holder of MHG, he left out some of the caveats. Please see my older posts for details. Any comments would be appreciated.
Sentiment: Strong Buy