Green Bay in the mid teens tonight.........winter is here, but no snow so far. Southern WI and Chicago area got a bunch of snow about Wed.
Just trying to get an idea of which is the safer hold right now.....
*both near or at 52 week lows and 52 week highs far far away.
*similar market caps
*similar cash flow $$ levels.....SWN's about 10% lower than CHK's.
*debt.......big variable here..... CHK's debt is more than double that of SWN
Liquids / natgas mix.........CHK gets the prize here with a much more diversified mix, although still over 50% natgas. SWN is almost 100% natgas.
Many posts are being made with cell phones now. You can usually pick them out pretty easily. Less opportunity (and motivation?) to spell check. I'm still sitting at my desktop.
Horrible game. The weather was an equalizer. Bears executed better. You should hear the local sports talk shows. Packers getting ripped on big time....deservedly so. To Detroit next Thursday night. Have a good weekend.
Average lows mid 20s....///.....average highs....upper 30s.....near average..
Just got back into UGAZ @ 2.53......previous sale on Wed. @ 2.87 (cost 2.77, same day trade)
All indicators down. Problems with bond defaults, brokerage firm investigations, and falling industrial profits. Early indicators for November economic activity are weak. Story at Bloomberg.
As of 1:00 AM Central, the DJIA futures are down about 25 points.
Just in case things crumble between now and Friday 1:00 PM Eastern (close on Friday)....
AVNR had an EU approval for Nuedexta and sat on it for about 2 years, doing nothing. Then they were bought out by the Japanese pharma (Takeida?).
Interesting that I saw another ad for Nuedexta last night on a DISH channel. It still says Avanir Pharmaceuticals down in the lower right hand corner of the ad.
Kel..............present KERX holder and former AVNR holder
Yes, it has been under pressure. Partly the dist cut, which should be discounted after 4 weeks of trading. They also hold high yielding stocks and some bonds, 2 groups that have seen recent selling.
More of a play on the discount to NAV I guess than anything else as similar yields (10% area) are available many places, all with some risk of course.
Bought @ 12.38. Recently lowered their next 1/4ly dist. to 30 cents, was 45 cents (Xdiv on 12-23). Is now at a ~16.7% discount to yesterday's closing NAV.
It's a CEF that holds better dividend payers and writes some calls against those positions. Also holds some preferred stocks. Have held / traded it a few times over the last several years.