IMO this mREIT has seen its better days. I wouldn't fool with any of them. A few years back Annaly was mediocre at best. Con man Cramer used to incessantly pump it, while AGNC was the real star.
I guess as long as the stupid Federal Government continues to rip off companies via ridiculous taxation, this kind of stuff will continue to happen.
How is the weather where you are? I've got a lot of relatives in the Fredericksburg, Virginia area. I guess they are getting plastered.
FSC expects its net asset value per share as of 12/31/15 to be within the estimated range of $8.35 to 8.45. We will know on 2/9/16.
Good for you! Further exemplification of your trading skills. I'm on the verge of buying GILD and possibly some CELG also. CELG will probably pull back some tomorrow after a big pop today, courtesy of Credit Suisse favorable words I am assuming. I don't want to get too excited about the action today in stocks. Even after the comeback today, the fact remains they got whacked in this session.
Two of my postings have disappeared into the YAHMOO black hole. Anyways, a lot of houses and analysts also like CELG a lot, just like GILD.
I see that Credit Suisse gives GILD an "outperform' with a target of $125. They initiated coverage on GILD today.
Hello Phil. My wife's uncle in Arizona passed away late last year. He left his only son (my wife's cousin) over one million dollars in cash and near cash investments. (He even left my wife and all of her 4 brothers and sisters 5k each.) The son who is in his late 60's knows less about stocks, bonds, etc. than my German Shepherd. He called me last week to get my opinion on some mutual funds a woman put him into for a fee. He bought tons of PARNX, PFPWX and PRILX from the Parnassus family of funds. I simply told him what Morningstar said about the fund and didn't address the fact that I thought that he had messed up. When he gets his next statement he will freak out. I wish that he had called me before doing anything.
like SRS and SKF are up over 7% and 6% respectively. Being on the sidelines right now gives me a sense of relief, but I tend to worry about some of my friends and relatives who are getting slaughtered in their 401(k) accounts.
It's my intent to remain on the sidelines in cash (except for my wife's 401(k) with about 210k in a so-called Stable Value fund) until there's more clarity about what these markets are going to do. I don't feel comfortable jumping back in right now. With what is going on in Asia and especially China in conjunction with geopolitical matters and oil getting massacred, I know that I am not skilled enough to maneuver my way through the current mess. Last year my wife and I in total made 1.04% and that's all. However, from what I have read lately, that was okay on a comparative basis. Anyways, I would welcome input from others. Due to my age, I am not taking anymore silly risks like I did with SUNE recently, just missing a catatrophe. Thank you in advance for any constructive advice.
The Shanghai Composite closed down 3.55% and the Hang Seng 1.5%. Per Barron's online, the Shanghai index has now pulled back 18% in 2016 and over 20% from its late December high.
Financials down 2.44%. That should get a person's attention.
I did watch it. Usually a Commander Clueless speech ticks me off. Didn't happen last night. Probably because he's almost out of the White House and I find that very uplifting.
I told my wife this afternoon that I was going to watch the State of the Union Address. She then made me promise that I would refrain from hollering, using profanity or making nasty comments about President Obama. One of her sisters is staying with us right now and my wife does not want to be "embarrassed" as she calls it.
That's great! A 2 1/2 year old placing his own food order and into doing "man stuff". He's developing a solid work ethic at such a young age. You're right, Phil. Being stuck in the house can be a real nightmare. It's real cold right now in my area and the little guy is stuck inside most of the time.