Archive | February 2019

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ANOTHER LOOK: NGL-B

February 28, 2019. We saw an article about NGB Energy Partners NGL-B this morning, a holding in the Core Portfolio. It pays over 9% and is still a BUY. It is priced BELOW what we paid over a year ago and we suggest you buy it here if you don’t already own it, or maybe […]

IRM STILL IN OUR SIGHTS

February 27, 2019. Markets have been rising over the last two months and everyone is fat and happy. We sold a few losers but other than that, the Core Portfolio just keeps plugging along, sending us very nice dividends. We had been looking at Iron Mountain IRM for a buy. It started to turn up […]

CONSIDER MO

UPDATE: Spiked up right out of the gate. We will maintain a buy at $50.52 GOOD UNTIL CANCEL We may NOT get filled.  Looks like we missed on a good opportunity. February 22, 2019. We like to buy stuff when it’s on sale. When it’s in the gutter. Now of course most of the time a stock is in the dumper for a […]

SELL CTL AND MPW

February 21, 2019. Sell CTL at a loss. We had been hoping for a turnaround but this piece of crap is not worth keeping. Get rid of it. Sell MPW at a huge gain (around 45%) as we discussed recently. Very nice profit on this one. MPW may keep heading higher but we are NOT going […]

47% RETURN: SELL?

February 19, 2019. Back in January, we sold Iron Mountain IRM for a very nice profit with the anticipation that IRM was setting up for a pullback. Well, it IS declining. We will continue watching this 6.9% dividend payer and if our indicators turn positive, we will buy. We are also watching Medical Properties Trust […]

BUY FDUSZ. AND: 22 TRILLION-YEAH THATS WITH A “T”

UPDATE: We will sell CTL when it settles down, probably in a few days. It has been collapsing today. February 24, 2019. Fidus Investment Corporation’s issued a new baby bond with the ticker: FDUSZ. They mature in 2024 and pay a fixed interest rate of 6%. We like this as it could be considered “investment […]

ONE POSITION THAT IS STILL A BUY

February 12, 2019. We saw a very positive article on one of our holdings this morning, talking about GLOP-A. (GLOPPRA at Fidelity) With the market driving ever higher since the low in December, it is very difficult to find positions that are still a buy. GLOP-A is still trading BELOW what we paid, and if […]

HEADIN TO VEGAS, AGAIN.

February 8, 2019. We have not had a ‘headin to Vegas’ pick in a long time. Talk about gettin ‘into the woods’. SMHB is not a stock, REIT, BDC, bond, baby bond, or preferred. It is a leveraged ETN, an obscure risky ‘exchange product’. NOTE: Before going further, understand you take a big risk with […]

SOLD MDLX

Wednesday, February 06, 2019 Both MDLQ and MDLX tanked on Monday due to concerns about Medley. We sold MDLQ and when you add in the dividends received, the Total Return gave us a small loss. We mentioned that MDLX would also be sold if we saw the price go up. Well it did late Tuesday […]

SELL MDLQ.

February 5, 2019. We sold MDLQ this morning at a tiny loss. Medley is trying to arrange a merger of three companies, and it is not going well. There is the potential for a total loss of MDLQ and also MDLX. We also want to sell MDLX but it is dropping quickly and we are […]