Was busy in evening and the Put buy order of 20 cents missed by 2 cents:( have 88% cash and looking for good buys tomorrow. I wonder if the circuit breakers will close the market tomorrow? Better chance of another flat day.
The KMP offer can't be sweetened enough for those who thought they were buying a lifetime Annuity:) If the vote fails the price drops like a rock :) just hate to see cheap shares:)
Mr.geek not at all homophobic but not wired to travel in that lane. I read the Share and Unit holders would be allowed to vote on the merger. I wonder if this will be a democratic vote taking all the votes of the totality of the entities and have the majority rule or a more federalistic vote where each entity votes separate ? If the deal is delayed the PPS would drop like a rock short term and I get get in much lower than the prevailing PPS. I do think that " gay_in_atlanta "is a professional troll. Phil_the_not_a_homophobe
A sweetened offer for KMP would not be sweet enough to satisfy those that thought they bought a lifetime Annuity. .
Gay_in_atlanta Yup like clockwork, a troll with a 4 post history appears . Probably made a dollar trolling I-85 rest areas. You are a obvious short a few in more ways than one. I have made a few bucks following Rich,s lead would take be willing to take a few more. A few a dwelling on there taxes instead of there nice gain big gain. If tough when the winners whine. Go back to what ever you do in Atlanta. Phil
On the open I put a Trailing Stop Loss Order on the Puts and they sold immediately for 0.71 or a 95% gain. I don't trust this market one ioda. I might buy back near close.
Besides complaining to the SEC how about complaining to the FTC, ICC, IRS and Dr.Phil might put you on his show. And as a last resort check with a true tax professional that can give some ideas to mitigate your coming tax bill but don't forget to bank your big gain. Then as a last resort take two Midol and have a nap.
Slick simply enjoys carping with the thin skinned. PSEC is a very easy stock to trade. It's basically acts like a Bond moving in a narrow channel between $9.50 and $10.80 only occasionally moving higher or lower. They usually miss earnings and any trader would sell before. But these so called "long &strong" seem to think posting to themselves will somehow make it better. Also there are many fake "long & strong" that trade quietly and laugh at the MB BS :)
I have read much discussion about volume falling off but it is August after all. I checked the Volume on SPY after I bought some Puts. The volume is about one third of the August 2013 and 2012 volume. That is a little scary :( Phil
Nimrod ! how much of any Dividend are you going to have left after paying taxes? You might be brilliant but you emit the odor of a BS artist. Question for you, What would happen if /when the FED raise interest rates ? IMO that will be the time to buy.
norris Ot i guess. I thought the post was about Argentina. Whenever i read a speech given by the Commissar of Argentina they sound so familiar. Perhaps she and Commissar Obama have the same speechwriter or perhaps a "separated at birth" sort of thing :) Phil
I bought 25 SPY April 29 Puts with a $200 strike for 0.35 cents or $900.00. So i will sell Friday , very early if no SP500 downturn for a large percentage loss. But max risk is $900 to control 2500 shares of SPY for 2 days. well easy come easy go :) Phil
Mr.phil prediction service says prepare for a downward blip Friday then steady upward next week until Slick Big One hits, whenever that is. I do like to read John Mauldin but pass on all the know-it-all stock Genius except of course for Slick:)
Rich and the other insiders loaded there wagon in the $70 ish range. I don't see how taking the same company and changing the structure makes it somehow more valuable.