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B&G Foods Inc. Message Board

rutgers_88 7 posts  |  Last Activity: Nov 17, 2015 1:31 PM Member since: Jan 6, 2000
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  • Reply to

    How NAO will effect NAT.

    by cal_doon Nov 12, 2015 9:16 AM
    rutgers_88 rutgers_88 Nov 17, 2015 1:31 PM Flag

    Omega filed a 13D indicating that it was indeed the seller. Seems to me that NAT could have gotten a better price given that NAO is at $5.50. One would think Omega would be more desperate to sell than NAT to buy.

  • Reply to

    NAT increased NOA ownership

    by ovtilong Nov 12, 2015 9:30 AM
    rutgers_88 rutgers_88 Nov 12, 2015 2:34 PM Flag

    Thanks for pointing out my misunderstanding, my initial thought was that NAO was issuing new shares to NAT . Still concerned that NAO is paying out $3M/q in dividends through borrowings.

  • Reply to


    by french_radish Nov 9, 2015 12:44 PM
    rutgers_88 rutgers_88 Nov 9, 2015 2:21 PM Flag

    You need to buy 3 business days prior to the stock's record date since that is how long it takes for a equity trade to settle (it was 5 days many years ago). In this case, the ownership record date for the dividend is Nov 10, which means you would have had to buy the stock on Nov 5th in order to collect the dividend. If you look it up, the ex-div date was Nov 6th.

  • Reply to

    Another Solid Quarter

    by walk57 Nov 4, 2015 5:34 PM
    rutgers_88 rutgers_88 Nov 4, 2015 6:43 PM Flag

    I was expecting net debt to go below $96M, but (assuming I'm reading the cash flows correctly) there was a $1.7M cash used to pay income taxes in the quarter which was up from next to nothing in the previous quarter.

  • Reply to

    What to do now that I'm in

    by dreamsofretirement Sep 3, 2015 10:16 AM
    rutgers_88 rutgers_88 Sep 18, 2015 3:59 PM Flag

    Let me use the analogy of two buckets of water each containing 10 gallons of water. One bucket represents a share of VXUP and the other a share of VXDN. No heematter what happens to volatility over the next month, the sum of the water in the two buckets will always equal 20 gallons. Let's say at the end of the measuring period, one bucket has 15 gallons, the other 5. The distribution paid would be 10 gallons and thei amount of water in each bucket is now 5 gallons. So you still would only have 20 gallons including the distribution. There's no advantage to holding equal shares of both VXUP and VXDN.

  • Reply to

    What to do now that I'm in

    by dreamsofretirement Sep 3, 2015 10:16 AM
    rutgers_88 rutgers_88 Sep 17, 2015 6:49 PM Flag

    Owning equal shares of VXUP and VXDN is basically a neutral position. You can't make or lose (with the exception of the fund's expense ratio) money when you own the same amount of shares of VXUP and VXDN. Currently, VXUP +VXDN should equal roughly $1.32. The sum of the two will remain roughly $1.32 (adjusted for next week's reverse split) until 10/15. Also, we are one day away from having another Corrective Distribution declared.

  • Reply to

    this is crazy

    by andyserlinghorses Aug 25, 2015 11:17 AM
    rutgers_88 rutgers_88 Aug 25, 2015 7:29 PM Flag

    you had to have bought on Friday to get the recent $28.17 dividend.

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