September 2, 2016
Update: We are still watching HTF and APU and TDA AND NEP to BUY.
We purchased a risky “Headin to Vegas” Corporate Bond from Accuride paying 11%. Buy only two or three at most. Cusip 00439TAE7. This is a TURNAROUND play which is why the prices are at bargain levels. We feel this position will do well.
“a diversified manufacturer of commercial vehicle components. Accuride is the largest North American manufacturer and supplier of wheels for heavy and medium duty trucks. Since our last review in September 2015, Accuride has expanded internationally through a joint venture in Italy, continued to introduce industry changing technology, and made internal adjustments to account for variations in product demand.”
HTF has gone ex-dividend and we want to add to this position…..which we already own.
But they are keeping the price very high. We have entered a BUY limit order at $25.36 and do NOT want to pay more. If the price does not come back, just forget about trying to add. The demand for yield positions is keeping prices too high.
LINK TO CLINTON CASH, THE DOCUMENTARY:
LAUGH OF THE DAY
“Director of First Impressions”
The above job listing on Craigslist. A receptionist in today’s world is now a Director, and pays $12.00 LOLOL
As old fogies we find looking at pictures of food and stupid videos on Facebook rather gross….and an extreme waste of time. Instead of staring into the phone all day long, why not do something constructive? Like maybe read a book?
We were really stunned in reading the Facebook article in Sunday’s New York Times. Of course we knew that FB was extremely popular, especially in the younger crowds. They can’t stay away. It must drive employers crazy.
With the high readership levels, we have to wonder why the hell we didn’t start this blog on Facebook instead of this little hosting service.
Here are some excerpts from the article:
“A Pew study found that 44 percent of Americans read or watch news on Facebook.” WOW!
“US Uncut, a left-leaning Facebook page and website with more than 1.5 million followers, about as many as MSNBC” WOW!
In reality we are glad that people are getting away from the ultra liberal lame-stream press…maybe they will find the truth instead of the propaganda on NBC and CNN.