tag:blogger.com,1999:blog-2986124651030959736.post6816248784237843681..comments2024-03-28T09:42:38.695-05:00Comments on Stocks, Bonds & Politics: SD, ASH, CWH/Sold 100 BDN at $12.38-ROTH IRA/Bought 100 of the Stock CEF PEO at $24.98/Colt DefenseTENNINDEPENDENThttp://www.blogger.com/profile/17444227958539559639noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2986124651030959736.post-84836109400990939452012-08-09T19:43:30.185-05:002012-08-09T19:43:30.185-05:00Mr. Oregon: Now you have not told the OG what, if ...Mr. Oregon: Now you have not told the OG what, if anything, you did in response to that long dissertation that I gave you.TENNINDEPENDENThttps://www.blogger.com/profile/17444227958539559639noreply@blogger.comtag:blogger.com,1999:blog-2986124651030959736.post-77226712610973298472012-08-09T13:21:38.179-05:002012-08-09T13:21:38.179-05:00While one of OG's many inadequacies involves a...While one of OG's many inadequacies involves a near total lack of knowledge about technical analysis, I did glance at the Winstream chart and reached a guess that support around $9 may be breached, so I may be looking for a re-entry somewhere below $9 later this month and then I would buy 50 in the Roth IRA rather than 100.TENNINDEPENDENThttps://www.blogger.com/profile/17444227958539559639noreply@blogger.comtag:blogger.com,1999:blog-2986124651030959736.post-43904865052668619282012-08-09T13:00:04.465-05:002012-08-09T13:00:04.465-05:00Now, the OG is not prickly at all. Sometimes the L...Now, the OG is not prickly at all. Sometimes the LB has been known as being a real hard ass. I gather you are my Oregon reader. <br /><br />Now, I mentioned in my comment to your last post on my mostly LT Duds that I would buy LSI at $5.89 if I had not already allocated almost the entire $300 allowable capital to my purchase at $7.28. Did you buy it then?<br /><br />Now, I was talking about you in a recent post, now that LSI is up to $7.65, which by my calculation puts me in profit territory finally. This is what I noted about it: "Goldman Sachs upgraded the LSI to buy yesterday and reiterated its $9 price target. LSI rose 3.87% to close at $7.52. I was asked about this "dud" by a reader in the comment section of my July 12, 2012 post. LSI was then selling at around $5.89. I bought 40 shares as a Lottery Ticket at $7.28-LT Category. If I had not already exhausted the maximum $300 limit for a LT, I would have bought at $5.89. I am not being critical of the reader or myself. It is important to remember that investors are not entitled to immediate gratification after buying a stock, and no one can hit the absolute bottom or highs except by luck." 8/8/12 Post<br /><br />I had a conversation with a reader from California on MLPs. I do not want the headache of the K-1s and I am not interested in taking on the credit risk of a ETN in addition to all of the issues normally associated with MLPs particularly those in energy production. <br /><br />Some of what I am doing is a shift from an under allocation in energy to more of an equal weight, and that would include energy infrastructure assets. I have noted that natural gas prices have spiked up since June after hitting a ten year low. <br /><br />Now, I have done all that I can really do for those poor souls who owned GJN. I spent an hour on the phone with Norris and laid out the legal theories for the lazy class action lawyers. I am just about done. LB is not going to be too understanding about individuals who go out of their way to support what WFC did to those people. I am going to make a statement about them tomorrow. <br /><br />As to Windstream, I see the downdraft which is one reason for moving in and out in a retirement account, less likely to get caught in an eddy when moving around so much. <br /><br />I have not read the earnings report. I will look at it tonight. I did glance at a news summary and it did not look comforting.TENNINDEPENDENThttps://www.blogger.com/profile/17444227958539559639noreply@blogger.comtag:blogger.com,1999:blog-2986124651030959736.post-74959300252497160052012-08-09T12:35:48.457-05:002012-08-09T12:35:48.457-05:00a) thanks for the rides, specifically that WIN tri...a) thanks for the rides, specifically that WIN trip. It was good. Time for a repeat?<br /><br />b) man you are one pretty prickly fella, I'm the "dud" guy, when your recent purchases tank (1/3 or so) it's only natural to inquire whether it's still a good idea, you know new info come up all the time, who's better to ask than the existing presumably conscientious owner, proud or not. My post, for the record was:<br /><br />Here's a list of some recent "duds" of yours (no criticism implied obviously) and where they are now re your original purchase price. Any of those you consider a buy at this point?<br /><br />GGAL -35%<br />NOK -34%<br />MTOR -31%<br />SD -20%<br />LSI -20%<br /><br />After fuming about it extensively you finally answered substantively, which I appreciated very much.<br /><br />c) looks like that with an almost total dearth of sensible places to put money in these days, you have opted for MPLs and such, vide recent AMLP, MLPA, EMLP, YMLP purchases. Care to add a word or two to your existing rationales?<br /><br />d) is this the retirement, Tennessee or just ego that drives your exceptionally prolific output, much appreciated as it is. <br /><br />sincerely, one of those 25.<br /><br /><br />-------<br /><br />Good luck with GJN business, perseverance and being aggressively vocal is essential, I know, I went through similar exercise some time ago with some indian casino, it worked in the end.Anonymousnoreply@blogger.com