No DH... I still have BAC and JPM...also, SFL, NMM, UAN, STO, OXY, NRZ, and Apollo...ARI I think is the symbol....not much else....very depressing. Worse of all, I see nothing yet to buy to make up for the loses...maybe back to NLY, AGNC, TWO, ...they have weathered the storm pretty well...even PSEC looks good right now....I will sit on the sidelines till this mess calms down. GL, DH...we all need some.
This is a slaughter of all high dividend stocks...are they trying to kill off all the seniors who are living off this income???
Sheez....enough is enough.....I have nothing left to go down...everything I own, except SFL and BAC has gotten killed.
Those that sold in the high 20's should be buying back now...unfortunately, that's not most of us who stupidly held and watched our money disappear from $30....still, if that were the case, why is the volume so low????
Agree...sold KNOP, and all my oil/oil related stocks...keeping OXY, STO, NMM and SFL....capitulation....getting killed....also getting killed in UAN but I will not sell it, and I don't care how far down it goes.....if it goes under $10, I will double down....If SFL goes under $16, I will add.
Very frustrating.....we are jus pawns here.....I am holding because I can't sell at these prices, and I believe in the company...just wish there would be a PR or update or a license deal...something to stop the bleeding.
Great post...thank you and keep posting...by the way, what do you think of ADXS? I am a bag holder at the moment, and am really afraid that they have hit a brick wall with their filings...the shorts really have a hold of the stock right now, and the drop from $30 to $15 was quite painful.....TIA...
True, Stagg...right now practically every energy sock is wrong.....any MLP, stock, REIT with a high divvy and high debt is getting wacked....my advice is to eliminate those investments with that profile....this hurts....and its getting worse.
Disaster...even my SHLX got Shelacked......BP, OXY, STO and MRO sort of holding up...PGH got hammered...if they ever eliminate the dividend, it goes to $1.00, maybe lower...wait til the hedges come off...these MLP's are going to get hurt even more, IMO....can't wait to leave for the shore....I need a vacation from this....I guess we all do.
Sold all .....just have NRZ and AI left....what a disaster....everything paying a high div. is getting killed. NMM, KNOP and UAN seem to have stabilized, and I an looking to add
with cash from sale of NYMT, WMC.....oil stocks doing much better today, but I will not add until interest rate situation unfolds....no MLP's except SHLX, which is in the green for me.....we are sure to get a bump, probably in DEC....I almost wish they would get on with it and increase .50 in Sept and be done with it.
I have no idea what to do with Apple....looks like a buy, but who knows? They have billions over seas that should be utilized somewhere...hell, they could have bought FB with that money....imagine APPLE owning FB....they could also buy TESLA...wouldn't that be something. I the tax issue is the problem, why not buy a
company in Europe or Japan?
Personally, and I am not an expert, sooner or later the IPhone market will be saturated...just like computer hardware.....FB, however, will continue to grow, if my family is any example....they all live on FB...its a whole new world.
#%@#$@ing Cramer and his hatchet job.
Sold half my position in WMC....I am capitulating.....still keeping KNOP and UAN, even though I am getting killed....also keeping my oil stocks...SHLX, MRO, PGH, BP, OXY....GL to all....
I'm with you...SFL has been a great investment, and it holds its own in market downturns...I also have NMM....thought KNOP would be safe given like you said, oil needs to be moved by someone, but I guess I was wrong....very depressing...I need to step away from the market...going to Ocean City MD...be back on the 17th, and I will not look at the market while I am there...screw it...it is what it is.
The stock going lower into this presentation makes no sense at all to me.....they would not present bad or even marginal news...I just don't understand the price action.
Sold it at much higher prices....bought back at $15.95...now in the $14's...there is no end to this nonsense.
Getting smacked around with WMC, and no those idiots at thestreet, put out stupid comments on STON...oil down again, as is OXY, MRO, BP, STO and the dog of the month, PGH.....everything is red today.....I am not happy.
The Street came out with a negative article....scare tactics...they obviously do not understand the business or the value of the money in trust for perpetual care.....they think the company is losing money.