i got in a few days ago at $14.21 ...i really like the potential of getting SCM under nav. even though its only been public for slightly over a year, they've been running the business for a dozen years. and i like the investor friendly monthly dividend.
Market Edge is for traders. it's a very short term outlook. i've always ignored it, but it certainly seems plausible weak hand retail dummies would sell simply because something on their screen says to.
the 7 cent miss was the elephant in the room. perhaps it was just taken as a given that yield compression took its toll. there was some insight to their current situation and going forward during the final moments of the conference call. the last 2 questions in the call answered some key questions. they suggested they have multiple ways to cover the dividend and, additionally, currently have 10 cents per share of undistributed income. you can read the transcript on seeking alpha. the relevant part is near the bottom of page 5. the audio is also available on TCRDs website of course.
meanwhile, nicholas marshi wrote a positive article about TCRD after the earnings report. i assume you cant put links on here, but you can find marshi on twitter @bdcreporter. once there, scroll down and you'll see a link to an article he wrote discussing TCRD now and going forward. the tweet was from march 6th
MWE downgrade taking whole sector down today. ...just what kinder morgan needed.
i think the big sell off in the mlp space is algo madness. and of course with KMI (etc) it's week hands being scared out of their money by ScumEye.
a tweet from keith mccullough: "On Wednesday, Kaiser (2/26) is hosting an Institutional Research call on why the SEC should care on non-GAAP MLP accounting. $KMI." these jackasses have their act down. 1. short a stock. 2. have Barrons spread bad news about the stock. 3. plea for the SEC to step in to take the stock even lower. these guys are #$%$. muccullough likes to say they're in it for the little guy. that's total BS. they fully know they are attacking highly retail owned companies (kinder morgan and linn energy) so that the bear attack will have amplified impact.
in my schwab account it notes the 2 dividends, and on the yahoo charts, add dividends, and it shows 2 dividends.
btw, schwab didnt show it yesterday... but they do today.
let's be clear... ARCP is paying 2 separate dividends in february. one is .08113 cents and the other is .08333 cents.
$25 target price.
so stag has now had 3 analysts in the last 2 months rate STAG a buy... two have a $25 target price and one has $24 target price.
regarding the "acquisition" of shares on january 8th by (among others) leslie michelson, right on the SEC form 4 is says: "1. Restricted shares of common stock issued pursuant to the issuer's Restricted Share Plan. Restricted shares vest over a five year period beginning on January 8, 2014 in increments of 20% per annum."
i was looking for a reason it was up.... all i see is zacks and the street saying it's a buy. but everybody knew ARCC has been a buy since the last quarters earnings. i guess it pays to be reminded.
that's not a huge purchase... and quite honestly shouldnt equate to the massive volume seen today. i dont know #$%$ the volume is about.... but i'm glad to see the spike in price. i'm fully invested. no more dips to buy.
i realize what i'm about to say is incredibly obvious... but here i go anyway: the ex-date was december 4th. if you bought it on december 4th or later you dont get paid the dividend.
yertle120..... i'm sorry. you're exactly right. i completely forgot about their attack on kinder morgan. you nailed it. those A-holes are back at it.