Good thinking with the protection. I will be interested to hear what they have to say on the web cast. Some times the shorts will not go away unless there a dividend or buy back. This sector has been almost as bad as oil stocks.
It seemed like this stock has only moved down day after day. Some shorts must be happy to cover here being up 20% in thirty days it been a nice pop for them. With earnings coming out they could lose there profit if they do not cover here. Be nice for longs if they announced a buy back and had good earnings on same day.
The company shares are dropping like a rock you are right. Almost anything to do with oil is down big in the pass 30 days. This company stock price has not falling as much in the past year as many pure oil and gas plays that are priced for bankruptcy . The big question is can they keep paying out cash distribution of $0.5384 per unit with the contracts they have in place and where will the share price be in a year or two from now. This stock was $6.22 in NOV 2008 and at $20 by DEC 2009. Life in the market is a gamble but the one thing I am sure about is that people are not about to park there cars and start walking to work anytime soon. So oil and the companies that move it will be around as long as I am going to be a round. Just have to try to time your buys or have the patience to wait for the sector to recover. If your ever going to make money in the market you going to have to take a shot at it and what better time then when a stock is on sale. I also can not see people leaving home without there internet & cell phones anytime soon. So I think at&t and verizon over the next ten years could be good for income. I am a big fan of interest compounding over time.
The management could just buy there own shares back with company funds in a private transaction if you read 10 k. Then at the next board meeting they give each other a boat load of stock options. welcome to the stock market.
I did not see it in the news any where but it is in a sec 10 k fliing dated 07/02/15 On July 2, 2015, the Board of Trustees of the Trust authorized a repurchase plan for the repurchase of up to an aggregate of 10.0
million common shares of beneficial interest, par value $0.0001 per share, classified as common shares, and operating partnership
units, inclusive of all outstanding prior authorizations. The repurchases may be made from time to time for cash in open market
transactions, including through Rule 10b5-1 plans, or in privately-negotiated transactions in accordance with applicable federal
securities laws. The timing and amount of the repurchases will be determined by the Trust’s management based on their evaluation
of market and business conditions, share price and other factors. The repurchase plan may be suspended or discontinued at any
SHARE Buy back sure not helping. This is very sick stock. The yield at close was 8% and it sure not greece. Do you think it just interest rate worries. If I read back a few years at the pass deals they got them done at higher rates and should have refinanced many of them by now. New deals could be priced by the cost of funds. A recession would be a different story. If they have cash flow to support this 8% dividend where is the support from the yield. This stock is down 22% in the pass 5 months. Between reits and oils I am having a bad year. I am going to have to tell my wife she needs a second job.( sure like she would give me a penny she makes LOL .
The group at cushing royalty income fund stock picks are so bad that I got a great deal on a blind money and have been letting him pick the stocks I buy and his picks are much better and not even close to losing 75% of my money in a year. Also to feed the money is much cheaper then having to pay a management fee to people that charge you a high fee to lose 75% of your money in a year.
costco financed a divdend. It has been a winner over the years and busted a lot of shorts like you. You should start saving up for the next dividend payout your going to be paying out to the longs
Even when this stock has great earnings it pops up for a day and then back down it goes again. I just keep buying more with funds from the dividend. The company should be paying out $1.00 per share dividend in next few years. This stock moves like a snail but better then savings account in the bank at current 3.92% dividend.
The story of the up grade was not listed at all brokers when I saw it at one I use and nothing came up when I googled goldman up grades ford. If I google it now it comes up. Still nothing on yahoo finance site.
Hiker200055 Thanks for the kiplinger list. The teekay (TOO) I bought the other day @ 20.11 was up to $21.37 at the close today. the Quarterly Dividend is $.53 for a yield of 10%. All the yield plays have been getting hammered like reits . Small banks are the hot spot today. I hold symbol BTO and have never seen it pop like today. It is a closed end fund full banks and also has 19% leverage so it goes up fast and down faster. To other readers sorry off topic . Not many readers here
GOLDMAN SACHS UPGRADES FORD MOTOR...
5:29 PM ET | S&P Capital IQ
Would be nice if this board talked about FORD stock not all the other BS. All you people who use this board to talk about politics should buy a new ford and find a long pier and see how fast it you can get it to go off the end of the pier. Please make sure the windows are up , put on your seat belt and lock all the doors
Check sec insider trades. he sold 19822 shares on 06/17/15 @$12.09 . Why? The guy still has a lot on shares he owns. BUT way sell down here. Why not buy and put a little fear in the shorts. Does he need the money or does he want it to go lower. If they really have as much cash as they say why not let the shorts hammer it a little more then do a buyback for about $850 million worth of the float. That would make the shares pop and help drive earnings per share up in the long run. Buy back 100 million in a day and then do a press release to tell the public amount of shares purchased and average cost and do that three times a week for two and half weeks and see how where doing and how much powder the shorts have left. If less shares where out standing might it make the company a better take out candidate.
Everything is at a 52 week low or close. I bought one today and then it tanked and came back to be down 10 cents on my buy. The stock is TEEKAY OFFSHORE PARTNERS L P it is oil tanker company with a lot of long term contracts in place. symbol (TOO). They sister companies one of them TEEKAY LNG PARTNERS L P symbol ( TPG ) has a interesting long term story google this and then see if you see story and video. They are building LNG tankers that can go threw thick ice to pick up load and have 25 year contract. Google ------YAMAL: TGP’S LARGEST EVER PROJECT and the better story google ---TEEKAY LNG SIGNS CONTRACT FOR SIX YAMAL LNG CARRIER NEWBUILDINGS. --- BUT REMEMBER EVERYTHING I TOUCH SEEMS TO SINK IN THIS CASE. PS I started with shares of ( TOO ) today and have not bought any ( TPG ) But looks intesting if LNG is really the future. Both stocks have big payouts Good luck
what oil stocks or mlp pipeline companies are doing better Performance wise . Every oil stock I own is not doing well. What companies would you buy if not BWP. If you own bwp you should sell because I was thinking about buying some and everything I touch tanks.
well here it is $20.11 06/19/15 11.58am ET. looks like a buy. Oil getting hit today. You would think no matter what the price of oil today or a year from now the oil companies will still need to move the crude. Back in dec 2008 I recall it went all the way down to $9 and change and recovered well for a nice profit. The company most likely has a lot more debt today so there is more risk. When they build ships with long term contracts it seems to be worth the investment for the long term. We are rewarded with a big payout as we see if this boat can stay a float.
They do not have a buy back in place and are selling a boat load of shares. If they are paying out 7.62% on dividend why not buy back all the shares you can. By the insiders selling there shares they are not showing share holders they have much of a plan accept to line there pockets with share holders money.The stock is down 19% in four months and the guys running the ship just keep dishing out those options to themselves . When the stocks at it lows that the time to do buy backs. By them selling there shares and not do any buy backs they must think it is going lower. I sure wish I had sold a while back. I will hold and reinvest dividend for time being.