733 shares. The dilemma he must have faced! Should I go out to eat at McDonalds or bring my lunch to work to save money for shares.
Is interesting but still is only a $10,000 bet. If it went to $7.10 though, they would make $100,000 profit.
All underwater now, so they will be sending out a vote to re-price them.
Doubt they will ever cut the dividend since Seadrill depends on that dividend for its operations and Seadrill owns so much of SDLP.
Can you believe it is $0.73 now? Had you told me that last year I would have ridiculed you to no end.
I want to declare the loss against my 2015 tax due. I think I am ok waiting a few days to buy...heck, might get in the $0.60s :-D
No clue. I can't buy yet even if I thought it was a good idea ($0.74 is tempting though!). It is hard to believe that it has not yet been 30 days since I sold the last at $1.11. Wash sale rules.
No BK until late 2017, so they have some time still for a turnaround. No reason to declare BK when they can pay interest payments easily with cash on hand for the next two years.
2.4% yield, better than 10 year US treasury bonds. 25% better yield than the S&P500.
A scenario that would take until 2017 to play out at current metal prices. TC does have enough of a cash buffer to keep servicing all three bond tranches until the senior notes come due, even if they lose a bit of cash each quarter. By 2017 the 2019 notes will have gotten over 30% of their principle back at current discount prices (92% of par). Essentially you are buying the 2019 notes with a risk of 70% loss. The 2018 also about 70% risk of loss, and the senior secured are fairly safe but only pay 5% to 6% at current levels.
Yeah Vanda was dead money too and had people posting it was dead money. Stayed at $4 a share for ages, then jumped to $17
That is a good price, might get there. I have all I need right now and will sell at $60 a share.
Thanks for getting me out of that one Ultra. I took a $500 loss when it was around $2.50 a share, now it is $0.25