Good purchase.....I was wrong.....I own TGD and AXU....they have done well in this spike in PM prices....but....will it last? They might...especially if the Chinese do the same with their currency and eliminate the peg with the dollar....the yuan will skyrocket and so will Gold.
Do they have any collaborators on the horizon who may invest in them....GSK, ROCHE, Merck,
anybody at all interested in this??
All good points, Keebon...I am really impressed with their mgt and conservative approach....also, I do not like debt levels that are 2-3 times revenue or more, like many MLP's out there....OKS and BPL also have manageable debt levels, and I am waiting for them to come down some before buying.
I do not like LINE, LNCO, BBEP, or others with high multiples of debt vs revenue per share....Just my opinion.
Until they make a statement, categorically denying the accusations against them, I remain on the sidelines.
They have less debt than many other MLP's and reducing the divy and investment for 2015 is a smart moveI like their management...this is worth way more than $3.00 when oil/NG goes back up, and you still get 9% while you wait.
ADXS...forget the bad press and BS....it just received orphan designation and is in the hot spot....immunotherapy/cancer.....buy it.
what they have done is good, but....They need to do more.....debt is a major problem in hard times....cut the divvy in half again, and use the savings to pay down debt, reduce expenses, etc.....oil is going lower before it goes higher again, and banks are in the drivers seat when it comes to negotiating debt....
I agree....I would cut the divvy in half again, use all savings to pay down debt....banks are just waiting to renegotiate these revolving cash deals in their favor.....LINE is so desperate they gave the banks part of their profits from drilling...bad....not a good sign when you need to do a profit sharing arrangement with the bank to retain your credit.....
It has like $5.00 a share in debt.....I would not buy this.
Marissa is a narcissist, and she wants to show her authority....anything is possible with her....but....her job is in jeopardy and she must know that by now, if she does something stupid and the stock goes down, there will be consequences.....still, she is a flake...ever hear her laugh? OMG.
MAX, the only reason I am holding YHOO is it appears the parts are worth more than the current price...looking for that crazy broad, Marissa who runs YHOO to do the right thing by shareholders with the BABA holdings....should be worth $55 or more if she does the right thing....I have 5000 shs now, so I need this to happen....sitting on pins and needles for the Feb conference call....
BAC doing very well now...will be $20 once interest rates are increased.
TGD and GGN looking good here as well...AXU not so much..
It could go much lower before we actually find out the truth....I don't want to be long during this process...sold
all over $10 earlier today....
Sentiment: Strong Sell
Loving TGD here.....and AUX/silver......YHOO starting to move in anticipation of Marissa's plan for the BABA windfall....buy the rumor, sell the news.
You are a DEAD HEAD...and not very bright....check out the chart dopey.....please go away or end up on ignore.
They would be smart to cut the divvy in half...price will immediately go up thus giving us investors some relief from the pain of getting a divvy on a stock while losing three times that amount in price declines.
I agree with the Barron's article and with Mark....I have been there and done that.....past high divvy poor performers....ARR, PSEC, MORL, LNCO, PGH, and a bunch of others I will not mention, and to a lessor extent, NLY, WMC, NYGT, and the like.....as opposed to MO, JNJ, Disney, CLX, PG, and a host of others...the proof is in the pudding.....chasing high yield is a losing proposition.....they are high yielding for a reason....sorry STAGG, but those are the facts...and that includes total return!