Recent

% | $
Quotes you view appear here for quick access.

Siebert Financial Corp. Message Board

jeb211b 5 posts  |  Last Activity: Feb 17, 2016 11:32 AM Member since: Jan 13, 2005
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Who is Frozty

    by frozty23 Feb 16, 2016 6:43 AM
    jeb211b jeb211b Feb 17, 2016 11:32 AM Flag

    Frozty, you are wasting your time trying to be rational with an irrational person.

    You are dealing with an irrational bitter losing long and his many sock puppets.

    This person has nothing better to do than to post misleading information, outright lies, nonsense and worthless drivel.

    The irrational behavior is clear in that this person operates under the delusion that his worthless postings will overcome the real information provided by the Trust and in informed postings.

    Just keep making informed postings and ignore the bitter loser.

  • Reply to

    Goldman Sachs

    by eusdond Feb 9, 2016 4:56 PM
    jeb211b jeb211b Feb 9, 2016 7:14 PM Flag

    Goldman is selling because their MLP fund is evaporating.

  • Reply to

    January Royalty Calculation

    by frozty23 Jan 30, 2016 10:01 AM
    jeb211b jeb211b Feb 9, 2016 6:53 PM Flag

    No matter what the stated deduction from WTI is supposed to be to get the wellhead price the last 2 quarters with low prices had just over $7.00 deducted.

    Average WTI price of $57.80, taxes were $2.02 (4% of 50.50, 7.30 deduction)

    Average WTI price of $48.80, taxes were $1.67 (4% of 41.75, 7.05 deduction)

    Within a quarter negative royalty days are subtracted from the positive royalty days.

    3rd quarter 1998 10-Q

    "Furthermore,given that the calculation of the total Royalty Production for any given quarter
    is comprised of the sum of the product of the Royalty Production for each day in
    such quarter, positive days of Royalty Production (after deducting for the
    Chargeable Costs, Cost Adjustment Factor and Production Taxes) will be offset by
    negative days of Royalty Production (as long as the sum for the entire quarter
    does not equal less than zero)."

  • Big cut from 33.5 cents to 16 cents.

    Not much of a yield for the risk.

  • jeb211b jeb211b Feb 3, 2016 10:51 PM Flag

    "picking up truck loads of PNX" ?

    PNX has no liquidity. Onky 34,000 shares traded today.

    You would have to pay over $37.50 to get even half a truck load.

SIEB
1.19Apr 26 2:53 PMEDT