It's a little hard to understand how energy and finance companies could be harmed by a thriving economy that would create demand for more energy and capital . Short term traders like myself might need a new strategy but a long term investor could benefit.I think today was just a chance to take profit and a look see. The happiest people on earth today are the MarketWatch Perma bears and the likes of Slicktop.
Is there anyone out there that was surprised by the Argentine default? I considered today " noise" and a buying opportunity. My CD,s matured today and I spent 50% on ETV, ETB,CFP, FSC, MEMP and FGP. I was busy today and traded between appointments. I tried for more but did not hit. Phil
Yo name, I have tried to manipulate stock for years with poor results. If you get any good manipulation tips please pass them on :) Philthemanipulator
At some point MREIT is a buy, but not now for me. When interest rates rise there should be a buy point when it tanks beyond all reason. If I miss the boat, Oh Well !!
The market might have figured QRE was a way of getting BBEP shares at a discount . I wonder if YBFITW has figured that out yet? I bet ,baring some news ,QRE will pull up to within 25-30 Cents of BBEP by August 5. The current price is a bargain . Phil
The floor is nailed down and the roof might be in proximity of the BBEP PPS. I say might because the market does not always do what we think it should. Phil
Cooty , a Debbie Downer might be a too mild a phrase for you. Let's try Hemorriod ? You seen to dislike every stock in your portfolio. Your cup seems to always half empty. I do realize all companies have there problems to go with there pluses. Do us a favor and sell all that you don't like.
Onepercenter48 will soon be tenpercenter48 :) I fine it hard to believe the insiders would sell just before your projected big PPS jump.
Opine as with most good fortune QRE was dumb luck. Now to figure out what to do with it. Phil
Mr. Cheep you could probably answer your own questions about the Preferred by reading the Prospectives. It's not that difficult try quantumonline(dot)common.
Sounds like Obamanation needs to increase the corn subsidy as a matter of national energy policy :)
horse manure , A merger always causes anxiety and chances for screw up and increased risk..Raymond James downgraded because of a merger, nothing more. Its up to BBEP and QRE to make it work. The BOD,s are on board is the main concern. Lawyers and MB "experts" come with the turf like #$%$ on your shoe at the dog park :) They are comparable. Phil
Some firms will not let you hold a LP in a 401/IRA because they don't want possible future problems. Schwabb reports UBTI Fidelity does not. All K-1 I have received had no or negative UBTI except NRP a Royalty Coal and Timber LP. Only some of the very very wealthy will have a issue.
Yes and no. The IRS has not issued Guidance for MLP in a IRA/401k. The UBTI rules are aimed at charitable organizations who have various incomes they try to avoid taxes on. The only MLP I have owned with positive UBTI is NRP a natural resourced company. A investor who is very wealthy will have a accounting firm handle it. Average people even low end 1% will have no issues. In 30 years of doing taxes I have never heard of anyone paying a UBTI on a MLP . Have you?