Probably the OCWEN effect? Erby is out, judgements have been levied. NRZ is sympatico? Some folks say guilt by association? Or, simply can't differentiate one from the other? Seriously though, some may believe 5 percent GDP equates to rising interest rates sooner rather than later, but, won't that actually be good for NRZ? To wit, I can't figure it out either. Maybe we give others too much credit when it comes to getting it right! We do know only that when valuation goes down, the rate of return goes up. You can in fact take that to the bank! (Or reinvest it, give it to grandkids, or, whatever!)
Isn't it more important to look at what they bought for $435 mil? How might that impact future dividends? The past few days, medical REITs have been really hot but SNR is apparently too new to attract new money. I have two long term medical REITs that pay a steady though boring six plus percent (MPW & SNH). I've been mulling over whether to add some more SNR but I'd first like to have a better feel for management's expertise and experience in this field as well as their business model/niche in this rather competitive albeit probably growing space. Now might actually be a good entry point with SNR though I need to learn a bit more about it first. At least this divvy offers us a starting point.
Read their report. They have lost on hedges in the recent past. To what extent will be the question looking ahead.
Cutting to the chase, we need to be patient for results here since there is no past history whatever on which to judge the stock's direction. Perhaps a couple of Qs with dividends will suffice to establish where this is headed? In the meantime, this might be viewed as a buying opportunity? Sorta like NEWM, perhaps? I'm only postulating here which is why the stock has dropped. Big question mark, right?
I have two senior living REITs (MPW & SNH) which pay 6-8 percent dividend. Both are quite different niche but neither relies much on gov't health care subsidies. I've owned these for some time now and they are extremely boring issues that require little watching over unlike those in the oil patch. The dividends have risen ever so slightly over time! All I can say is they are better than a CD.
I predict it will take two reporting Qs for SNR to gain traction. Most healthcare REITs were going up like crazy yesterday. Patience on this one folks.
Isn't it time for the Santa Claus rally to kick in? I'm feeling like the grinch might be visiting this year. Maybe my VZ and those nasty MLPs I've been accumulating have something to do with that!
Torture of the most horrible form would be listening to Diane Feinstein trying to discuss any issue whether significant or otherwise!
Isn't a current goal of the present regime that of reducing harmful carbon emissions originating from the burning of fossil fuels? What rock have you been living under?
Way to pick'em, Joe! Yep. You're definitely another of those high risk short playing fly-by-nighters which means you won't be around for lvery ong, especially if you can't pick a weaker E&P. I feel your pain today boy. Also, shares owned by management are a matter of public record, a fact of which most on this board are well aware. Please stick to the facts, lest your slip shows again!
You must be more balanced than I b2b. I almost broke even today if not for my VZ but I've got upstream, midstream and refiners sticking it to me but, since the dividends aren't in any danger, I see no reason to make any big moves. Actually, I'm looking for opportunities to add to some of my positions.
I've been thinking about pulling the trigger again on this one. This is my main upstream play. I bought a bunch of CLMT back in October at $24.75. My midstreams are ETP and EPD and I've had them for a long time. Interesting to watch this play out. There will be losers if this carries on for a while and I suspect OPEC will wait until there is blood in the streets before this turns around. I'd earlier thought this might be of a more temporal nature but now I think I understand the nature of this move. The question seems to be if MEMP is one of those that can weather this storm. I do wish I had a better grasp of their extraction cost projections going forward.
Doesn't mean much unless you calculate per/bbl extraction cost to determine if you should continue to operate in order to fill contractual agreements, etc.
And then there is today! GP is raising divvy 33 percent and transferring assets to EEP. Some Friday's may be black but tomorrow is looking just golden! Let's see how supply and consumption of this finite resource plays out over the near term.
Aren't their revenues on a fairly steady upward trajectory? Even without the diesel refinery? They should be able to market that product even if the Bacchen shuts down for a while?
That's a bit funny there Bob. I'd been thinking I'd really screwed up by pulling the trigger early at $16.75! I'd add some more if I had anything left after binging last month during the 10 percent correction! IMO: This current oil sell off won't last long. The thirst for oil is too great! If not here, the Chinese and others will grab it fast. Apparently, I'm not alone in this belief.
So now this is Exosphere Technologies replacing Ecosphere Tech? At least we know these folks aren't dead yet, right. This is change if not progress, right? Also, they've been relegated to the OTC Bulletin Boards which is likely first signs of death knells! Oh well, can't win every time, huh? I've all but written off this one pony show. One day soon, I'll take a small tax write off on this one. Probably next tax year.
I would suggest USBI as a better play on the financials. I managed to get some at 28.50 just as they announced the divvy raise. I have similar questions to yours on the timing of MTB's acquisition of Hudson as well as the possibility of a dividend increase. The numbers are beginning to appear a bit skewered for the yield/EPS ratio. My entry point was under $60 before the great recession II so MTB was a great place to be invested at that time.