Opine , When you are out you bash the hell out of it. I have Had a good Summer with work around the house and family at MYBeach. Starting to trade a little with most cash tied up until August. The way I trade is work and I need to get away from it each Summer. Good luck Phil
LINE up about $32.70. It's time for the traders to sell and the "long and strong" to start to whine. The new owners will hold and wait for bottom to sell. Count on it like the Sun rising in the morning. It's worth $35 easy but doubt it gets there. The stock holders have never trusted the Company.
I agree with Morgan Stanley that KMP has limited upside near term. It up about 10% from last ExDay -1 so I will pass this round and wait for Sept. I like KMP but think it might need to cool off a bit before climbing to $88.
Greatbarf you say not to believe in a God but you blindly defend your man-boy as a deity . Can you not see failure and weakness in his every move ? Only Dims in safe havens can afford to stand near him. Bush had his share of failures but always projected strength . The man-boy projects helplessness for all the world to see.
Good luck with KMP I plan to skip this round and come back in Sept. Phil
Wiseman, re: KCAP the $8.50 was just a guess on my part. When I buy a stock I have a plan to sell it and a number of what I would like to sell it for. After the buy I initiate a GTC Sell order for that amount in case there is a intra day run when iam not paying attention, as it did today. Phil
My KCAP sold on the close @8.50 or $0.65 or 8.2% gain. Monday should open 5-10 cents higher than today's close. But I put the sell order out when I bought the shares. Made for a good payday at the Beach. Phil
The FSC MB is one of the few with something other than pump,bash and BS. There are actual real investment opinions. The regulars like FSC but don't pump constantly. FSC has it's warts and ups and downs but I consider it a top flight BDC.
BDC,s are performing well in our current climate as long as it lasts. I remember when MREIT was clicking and then it wasn't . I am trading well in this environment and hope it lasts a long time, but I want bet too heavily on it.
Golden gates you sound like you are getting ready to "pull the trigger". :) I plan a pass this round due to PPS being up 10% from last X+1. Those that held will be rewarded. Phil
Kel, CFP as a trade nets 20+% annual gain on average . Thinking of a pass on KMP this round because PPS up over 10% sinse last X+1. But I might go light on pullback next week. I will miss that big KMP win either way. Phil
CFP uses a annual RO to fund the big Dividend so a large part of yield is ROC. Funds control large blocks of shares and trade occasionally they also sell off end if year to make room for window dressing. I consider CFP as a better trader than long term hold.
People who learned to live within there means will have few problems before or after retirement.