Thu, Jan 29, 2015, 5:46 AM EST - U.S. Markets open in 3 hrs 44 mins

Recent

% | $
Quotes you view appear here for quick access.

Genco Shipping & Trading Ltd. Message Board

priviet 40 posts  |  Last Activity: Jan 23, 2015 12:31 PM Member since: Aug 8, 2006
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Preferred Dividends

    by verado Jan 20, 2015 10:55 PM
    priviet priviet Jan 23, 2015 12:31 PM Flag

    uuhhhh ohhh ... just stepped in veraldo's FUD ...
    my bad -:)

    head in sand? when headlines, data, press releases and company filings ... all down the line in the southern regions oil patchs are all confirming the layoffs and halted spend?

    ummmm?? 'lacking' what? please add detail to your jab....

    just curious...

    Sentiment: Hold

  • Reply to

    Preferred Dividends

    by verado Jan 20, 2015 10:55 PM
    priviet priviet Jan 21, 2015 1:12 PM Flag

    still spreading muck, veraldo? you just can't stop....
    at $25 oil - we will see a lot more crisis activity than just mill's stock price. like, huge unemployment jumps in all the southern energy states. not to mention a sudden halt in the whole u.s. economic recovery, probably back to recession.

    yeah .... thats the ticket to get your way with mill .... veraldo.

    sad.

    Sentiment: Hold

  • Reply to

    Total Failure of Management?

    by hgl12692529 Jan 8, 2015 1:09 PM
    priviet priviet Jan 13, 2015 1:54 AM Flag

    please pardon if this sounds like cheerleading. just want to point out that 'management' in SAN - ARE the Owners also. Even more-so - they are legacy and generational family. do you Really think the want to 'screw' the other investors? generational owners tend to have reputation considerations far beyond quarter / quarter results.

    Sentiment: Hold

  • Reply to

    double UP TODAY

    by covntman46 Jan 11, 2015 10:53 AM
    priviet priviet Jan 12, 2015 1:27 AM Flag

    perhaps you can expand on that a little? 'playing bankruptcy' by buying a big chunk of common equity?

    as i understand it .... and through experience ... its the common equity that gets wiped out first in bankruptcy.

    so ... why would oaktree flush money?

    just curious...

    Sentiment: Hold

  • Reply to

    I guess what upsets me is....

    by tlx1131 Jan 8, 2015 4:27 PM
    priviet priviet Jan 8, 2015 11:41 PM Flag

    Perhaps look at San relative to other big Euro-banks. Like DB or BCS among others. all have slid, most more than San. Given the slow recovery in EU plus added Basel III pressures, is it any wonder? I do not blame the new CEO at all. In fact, given this bank is run by a generational family, I imagine this is probably more upsetting to her than most other shareholders. And, decisions were probably made under fairly heavy duress.

    JMHO ...

    Sentiment: Hold

  • priviet priviet Dec 31, 2014 5:47 PM Flag

    That seems quite a jump - from funds being hit on last day of tax selling to - pimco not knowing what they are doing? are the two statements Really related?

    other posters have proposed that gross has been selling his holdings. this makes more sense.

    will see more clarity during 1st quarter 2015.

    Happy New Year!

    Sentiment: Hold

  • Reply to

    RIP 2014

    by mr.phil2u Dec 31, 2014 5:12 PM
    priviet priviet Dec 31, 2014 5:27 PM Flag

    Pretty much same here. Energy went over a cliff, taking Prefs and BDCs along for the slide. One consolation - if there is one? - Have been able to increase overall portfolios yields between +180 - 350 BP in last 4 months. As long as divs maintain this will be quite lucrative in long run.

    Happy New Year to All!!!

    Sentiment: Hold

  • Reply to

    Russia

    by wildonegemini Dec 16, 2014 3:07 PM
    priviet priviet Dec 23, 2014 5:23 PM Flag

    a couple of considerations:
    1) half the ukraine would rather be back with russia. rather than reading american media, go talk to some ukrainians who live in the west and east sides.
    2) what scandinavian countries? not sure that russian really would like to, nor has the bandwidth to invade more.
    3) what 'weak' leadership? and ...
    4) war with us? like nukes?
    are you serious?????

    Sentiment: Hold

  • Reply to

    What am I missing here?

    by billwilly2 Dec 23, 2014 7:13 AM
    priviet priviet Dec 23, 2014 5:19 PM Flag

    i did not know that 'stating a fact' ended with a question mark.
    probably missed that part of grammar class .....

    still .... curious what your point of being here is?

    Sentiment: Hold

  • Reply to

    What am I missing here?

    by billwilly2 Dec 23, 2014 7:13 AM
    priviet priviet Dec 23, 2014 1:14 PM Flag

    why are you asking?

    just curious.....

    Sentiment: Hold

  • Reply to

    Tax loss

    by whisperingpines1962 Dec 22, 2014 11:06 AM
    priviet priviet Dec 22, 2014 6:55 PM Flag

    whispering ... getting a little arrogance on??
    yes ... slide has been due to some mismanagement, bad calls, a few bad drillings, shareholder grabs. much good also including progress, new deals, expanded footprints.
    slide has also been massively affected by energy dive globally, political chaos, traditional energy factions fighting to maintain control and power. it has affected everyone. including your faves like cpe and others as well.
    i know that you do not like the new ceo. he came in just before the storm arrived. and .. has been mostly steady in bringing this company back to normalcy and sustainable growth. it has not even been a year yet.
    mostly now it is meta-market hammering.

    watch what happens when that eventually subsides. that will be the real test of effectiveness....

    jmho ....

    Sentiment: Hold

  • Reply to

    Russia

    by wildonegemini Dec 16, 2014 3:07 PM
    priviet priviet Dec 22, 2014 1:00 PM Flag

    starting a war with whom?

    yes, I agree that global situation may be anxious. what kinds of actions are possible?

    just curious.

    Sentiment: Hold

  • Reply to

    OPEC nations see stocks rising

    by slawsonjames Dec 21, 2014 7:20 PM
    priviet priviet Dec 22, 2014 12:27 PM Flag

    2 months ago it was the saudis upset with american frackers. a month ago russia was added. now, the saudis are in turf war with frackers, russia and iran. and ... opec is included as if only the saudis are opec?

    while i agree that this is a great game ... played on a global field. what i am curious about is the continued ability of a little sand kingdom - alone! - to absolutely control global energy pricing. and - sustain that control against countries and entities with high cost/budget demands that need to be 'addressed'? and ... not only the aforementioned, other opec nations are not particularly pleased with this saudi control either. perhaps even to the point that opec becomes powerless? so ......

    how long can the saudis play the market maker in this game? who supports them? yes, i know about their cost to produce and sovereign wealth reserves. not about that. about global power?

    just curious....

    Sentiment: Hold

  • Reply to

    " LIFE IS GOOD " NLY

    by paintingsbyralph101 Dec 12, 2014 1:31 PM
    priviet priviet Dec 22, 2014 12:34 AM Flag

    Hi Stewart,
    I use the options platform provided by my broker and track certain issues. If you do not have an options functionality from your brokers site, then I suggest going directly to CBOE. From there, you can enter the underlying - common stock - symbol and link to the options area. in that area it is possible to view all current options activity, call & puts for all months and strikes. It will provide bid & ask, open interest and volume on the day tha you search. I am not sure about bringing up historical data,.
    hope this helps ....

    Sentiment: Hold

  • Reply to

    " LIFE IS GOOD " NLY

    by paintingsbyralph101 Dec 12, 2014 1:31 PM
    priviet priviet Dec 12, 2014 10:14 PM Flag

    noticed significant volume in jan 2016 leap calls today with price up almost 17%. almost 1000 contracts. that is 100000 shares. not shabby.

    Sentiment: Hold

  • Reply to

    Just the possibility of having to raise capital

    by pa1702 Dec 11, 2014 2:01 PM
    priviet priviet Dec 12, 2014 9:46 PM Flag

    it makes so much sense that china and any other growing economy would keep silent on the oil price and 'back up the truck' so to speak. what an opportunity for them!

    so .... if vlcc rates are climbing, why are shippers stocks suffering along with energy? they should be making money like crazy?

    just curious.

    Sentiment: Hold

  • Reply to

    MCC exposurre to O@G

    by johnfeld Dec 12, 2014 8:05 AM
    priviet priviet Dec 12, 2014 9:39 PM Flag

    WOW, Kel.
    You are getting a lot of negs. wonder why? just providing some useful info?
    think the shorts are out in force lately??

    just curious...

    Sentiment: Hold

  • Reply to

    How Can an Oil Company With -.11 EPS

    by de4a3z Dec 9, 2014 7:02 PM
    priviet priviet Dec 12, 2014 9:35 PM Flag

    bjfc is mostly right. however, a couple of omissions:
    - lgcy would need to completely suspend its common dividend to even touch the prefs.
    - hedges could well defer a complete suspension for half a year or more, providing time for market corrections.
    - prefs are cumulative. if they suspend, they must pay all back divs before re-commencing common divs.
    - market views prefs as debt. if they suspend it immediately affects their future borrowing capacity and cost of money.

    so ....
    jmho ...

    Sentiment: Hold

  • Reply to

    Equity offering coming?

    by stockpickinmoron Dec 10, 2014 8:01 PM
    priviet priviet Dec 11, 2014 1:59 PM Flag

    given the action today on the common and prefs, it appears to me that the market is expecting some kind of pref offering or other debt, rather than common. yet, at the current pps' of prefs, that would really not be in mill's best interests i believe.

    jmho, of course....

    Sentiment: Hold

  • Reply to

    Why Scott's Margin Call is Not Over - The Numbers

    by berg.icy Dec 9, 2014 1:38 PM
    priviet priviet Dec 10, 2014 1:33 PM Flag

    panick is typically thoughtful. not a basher or pumper. his insights are useful, even if as most everyone else, not always 100% right. still, he has more integrity than many on the yahoo boards. his openly admitted angle is his stock-letter. so?

    jmho ....

    Sentiment: Hold

GNK
1.700.00(0.00%)Apr 21 4:07 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Facebook, Inc.
NASDAQWed, Jan 28, 2015 4:00 PM EST
Nokia Corporation
NYSEWed, Jan 28, 2015 4:01 PM EST