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FXE Puts officially 12 Bagger now! Let a few go @ 5.10 from .40
MY FXE Puts Lottery ticket almost a 10 BAGGER:))))))))))
Thanks for the kind words everyone and the charts option. I feel really Great about my entry prices and 3 plays have announced my 1st dividend already. My plan is to reinvest all my dividends with additional stock purchases. These are all in a Roth account and with the huge yields I expect it will really grow my account significantly over time and tax free during the holding period.
I will hold these long term and BTW The market is in for a HUGE move Very soon based on the thoughts of someone I trust. Waiting tom see which way as I have dry powder ready. My guess is a move up as this forcaster calling for 2000 point move,can't see market moving down that much after recent events.
https://www.technicalindicatorindex.com/Default.asp
Free 30 day if someone wants to sign up. Would love to read his last weekend update.
Linn Energy Announces Cash Distribution
Monday October 20.
HOUSTON, Oct. 20, 2008 (GLOBE NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today a cash distribution for the third fiscal quarter of 2008 of $0.63 per unit, or $2.52 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable on November 14, 2008 to unitholders of record at the close of business on November 7, 2008.
Penn West Energy Trust confirms its October cash distribution
Friday October 17, 12:19 pm ET
CALGARY, Oct. 17 /PRNewswire-FirstCall/ - (TSX - PWT.UN; NYSE - PWE) Penn West Energy Trust ("Penn West") confirms that its October 2008 cash distribution will be CDN$0.34 per trust unit payable on November 14, 2008 to unitholders of record on October 31, 2008. The ex-distribution date is October 29, 2008.
OceanFreight Inc. Declares Quarterly Dividend of $0.77 per Common Share
Monday October 20, 4:05 pm ET
ATHENS, GREECE--(MARKET WIRE)--Oct 20, 2008 -- OceanFreight Inc. (OCNF - News), a global provider of seaborne transportation services, today announced that its Board of Directors has declared a dividend of $0.77 per common share in respect of the third quarter ended September 30th, 2008. The dividend is payable on or about November 6th, 2008 to shareholders of record on October 31st, 2008.
My safety/Dividend plays and results so far.
Line in @ 12.90 yield is 19.5% (Next Div. due in 3 weeks)
EPD in @ 22.50 yield is 9% (Next Div. due in 2 weeks)
NAT in @ 27.00 yield is 23.7% (Next Div. due in 1 month)
PWE in @ 16.25 yield is 24.3% (Next div. due in 2 weeks).
DRYS in @ 21.70 Special spin off Dividend coming
OCNF in @ 9.16 and 7.25 Yield is 44%
All these income plays are well above water in price appreciation. Not bad making nice capital gains PLUS GREAT YIELDS!Cheers everyone.
My DRYS buy up 15%<1 week. Can't wait for the spin off shares.
http://biz.yahoo.com/ts/081014/10442216.html?.v=1
Adding this today for Capital appreciation and a Special Dividend to be announced to shareholders in the coming months. First bite @ 21.70. Here is a link to an article that spells out the play, good read.
http://biz.yahoo.com/ts/081014/10442216.html?.v=1
My wag is Nov.24th 11:20 a.m.
Yes you are correct Lang,price is adjusted however I am confident that the long term share price of all my Safe/Dividend plays will remain strong and show healthy profits from these depressed levels. As far as PWE and EPD they have not announced the X Dividend date for this month yet. Buy now will qualify for the dividend. Dipped my toes OCNF @ 9.16
Lang here is link to X date definitions. Must own the equity BEFRORE the X Date. Hope this helps.
http://www.sec.gov/answers/dividen.htm
Nice find Lang,OCNF has forward dividend of 2.82,P/E in the 3's Wow! They recently added a thirteenth vessel to their fleet,adding revenue and further ability to increase their stated goal of providing strong steady dividends. Here are the comments from the CEO. Really battered down like everything.Although I have this sector covered with my NAT play these returns cannot be passed up! I am adding OCNF tomorrow,again nice find lang.
Anthony Kandylidis, OceanFreight's President and Chief Executive Officer, commented:
"The acquisition of our thirteenth vessel not only allows us to expand further into the tanker sector but also enhances a strategic relationship with a first class counterparty such as Heidmar. Our expansion in the tanker sector will allow us to capitalize on the positive fundamentals of the crude oil tanker market. In a span of just 18 months since we went public as a start up in 2007 at $19 per share, with no operating history and the aim to acquire seven vessels, we are close to doubling our initial fleet. We are maintaining an enviable operational track record, along with time charter coverage to reputable and well-established counterparties. Our fleet fixed contract coverage presently stands at 95% and 65% of our operating days for 2009 and 2010 respectively. We will continue our stated business strategy of strong fixed-rate time charter employment of these vessels which in turn enables us to pay attractive dividends to our shareholders as well as expand and diversify our fleet within multiple shipping sectors.
Well thats my lousy 3 posts for the day. G/N guys.
My safety/Dividend plays in place,results so far as follows. I had cold feet friday missed the opportunity to add at huge discounts,Oh well. Still time to get positioned folks for these safe and steady income plays.
Line in @ 12.90 yield is 19.5% (Next Div. due in 3 weeks)
EPD in @ 22.50 yield is 9% (Next Div. due in 2 weeks)
NAT in @ 27.00 yield is 23.7% (Next Div. due in 1 month)
PWE in @ 16.25 yield is 24.3% (Next div. due in 2 weeks).
All these income plays are now above water in price,not bad considering the past week. I will not miss another opportunity to buy ANY of these should they dip. Cheers everyone.
True lang however crbc losing 1.71/share with no dividends paid our for a while. Doubt they can afford steady dividend. As for FRZ they have suspended the dividend and have legal action pending. I would stay away from them both.
Two buys today, As I posted last night bought
PWE @ $16.25 Yield is 22%. Added
NAT @ $27.00 Yield is 24%
Already holding Line @ 12.90 Yield is 19% &
EPD @ 22.50 Yield is 9%
Hi Lang,I LOVE them "long time"! Safety,good cash flow and Tremendous dividends. I bought them in my Roth account. Cheers
Adding in a.m. one more to previous Dividend stocks. Long a hefty position tomorrow in
PWE Closed at 16.05 Has been crushed (with everything else) but the dividend is steady fro the next 4 years until he new canadian tax rules take effect Dividend paid monthly is yielding $3.95 21.80%
Penn West Energy Trust is the largest CANROY aka Canadian Royal Trust. CANROYs are similar to the MLPs that are available here in the U.S. in that they pay huge dividends in exchange for tax benefits from the government. The difference is that the Canadian government pulled the rug out from underneath CANROYs during the "Halloween Massacre" and decided to start taxing them despite campaign promises that they wouldn't. That's why this is a much hated sector and many investors are staying away from it. The new taxes don't kick in until 2011.... So by buying [Penn West] today, one basically will be able to collect a dividend ... (paid monthly!) for the next four years..
Hi lang took my 1st entry on both this a.m. Looking for blowout vol. to the down side for market capitulation and I will take 2nd entry. Dividends mon these are outstanding as is the tax benefits for dividend income. My FXE puts are now up to a 6 bagger. Cheers, hope all is well for you during these uncertain times.
Two long positions for safety and dividends. At these levels time to take first dip. BTW,FXE puts now a 5 bageer and going strong.Cheers everyone.
Line here at 12.90 19% Dividend. Little bit of risk here but the dividend is steady. 1st entry
EPD here at 22.50 9% dividend, 1st entry
FXE puts now a 3 bagger with 3 months to go. Nice lottery ticket. Cheers.
FXE puts now a 3 bagger with 3 months to go. Nice lottery ticket. Cheers.
Good point Rooster,Nobama has NO Experience.Look below for real Experience.
My top 2 videos of the week. It's sunday enjoy.
Cool Ad about Obama. Must see Folks,Cheers!:))))))))
F-6 Take off your blinders,that Light on top of the train is called the PALIN EXPRESS!!:))))))))))))))))))
BTW? What do you think about DEM. Rangel???????????????
http://www.gov.state.ak.us/photos/Gov-Palin-2006_Official.jpg>
What's the difference between obama and an empty suit????????
I don't know! :)
Obama and Obiden are in a freefall,this past week has been delicious. I wish the debates were tomorrow,can't wait. Can you see the contrast between that windbag old hack Obiden and Gov. Palin when the TV lights come up? It will be a crushing Dem. defeat and I'll be watching to see Obidens fall into the abyss. Gaffs by the Democrats the past two days has revealed to the country what a disaster their ticket is. Where is hillary when you need her?
OT Bull;Passed away Z's board now only for premium members? HUGE LOL. What a sheet site ihub has become. Hope you don't PAY bull? Cheers,
My FXE Jan.09 130 puts DOUBLED in 3 days:))))))))))))))))))Last price shows .80. In @ .40 What a Lottery Ticket:))))))))
My FXE Jan.09 130 puts DOUBLED in 3 days:))))))))))))))))))Last price shows .80. In @ .40 What a Lottery Ticket:))))))))
Doubled my BTU Dec. 85 calls today @ .90. Same RE:FTX put trade, Here is a good read. EU economy in jeapardy going forward and IMHO the Euro will suffer,G/L.
http://www.marketoracle.co.uk/Article4899.html
FXE this am,Jan.09 Puts @ .40. Euro is toast as is the EU economy. Not a bad lottery ticket.
http://www.marketoracle.co.uk/Article4899.html
BTW Hello Glassy,hope you and family are well in the great state of Texas. We had a wonderful summer here in N.E.. My two kids were home which was great. Daughter graduated and is in the process of Med school applications and my son back for his junior year. Sadly my daughter is spreading her wings and expressed her desire to get an apartment with a girlfriend from school who is starting her graduate studies at Tufts. We gave in but she is only 5 miles away. Such is life. Limited to 3 posts so don't post much. Again my best to you and family. Cheers!
FXE this am,Jan.09 Puts @ .40. Euro is toast as is the EU economy. Not a bad lottery ticket.
http://www.marketoracle.co.uk/Article4899.html
I just ordered 3 of these for my SUV fleet:))))))))))))))
Hillary Replaced by another women...Again!
OUTSTANDING!!!! Have you all seen this Pic???????????????
Nobama is TOAST:)))))))))))))))))))))))))))))))))))))))))))))))
RE: BTU As I said yesterday bouncing off 50EMA so todays correction expected,(Market trend helped to be honest). I am watching very carefully to add to my current position. Dec. 08 85 calls eod at 2.20. I will be adding a bunch more shortly. Cheers and my thoughts of Good Fortune to everyone hear on Langs board, even you redsoxfan. You are partially right I usually don't bother with this crappy site but you arwe free to keep sending your hard earned $$ to the thieves who run this site. Go free man,18 posts per day are more than enough.
I agree Boca,as I mentioned it's bouncing off 50 ema. For me I already took a position a while back so just being patient. Good luck my friend.
Hello Bull hope all is well for you and family. My daughter graduated in June, it was a wonderful weekend for the whole family we are all very proud of her. it's has been great to have her home all summer. Spent some nice time down in Chatham, can't complain. She has spent most her time making applications to Med Schools, a daunting task so we'll all know soon enough what the future holds for her. Thanks for asking.
I see you have taken a leadership role on Z's thread, nice choice imo, they are lucky to have you. Don't really post as I am limited to 3 posts per day by this crappy management, so much for free speech. As always my best to you and family.
Hi lang hope all is well,nice board alot of work. Well done my friend. As you know I don't post much because of this crappy site and it's management,life goes on. Take a look at BTU. Worldwide leader/Best in class in coal, they are only going up. Took advantage of recent correction to take a position in some calls.It's run up to 50 ema so it might pull back a tad but another nice move is coming. Still a great opportunity for long term hold and calls going out 3 or 4 months. I feel very confident about this play,currently trading at 64.50. Dec. 85 calls at 3.30. Cheers my friend and as always my thoughts of good fortune to you and family.
Biden Admits Plagiarism in Law School
By E. J. DIONNE JR., SPECIAL TO THE NEW YORK TIMES
LEAD: Senator Joseph R. Biden Jr., fighting to salvage his Presidential campaign, today acknowledged 'a mistake' in his youth, when he plagiarized a law review article for a paper he wrote in his first year at law school.
To buttress his assertions of sincerity and openness, Mr. Biden released a 65-page file, obtained by the Senator from the Syracuse University College of Law, that he said contained all the records of his years there. It disclosed relatively poor grades in college and law school, mixed evaluations from teachers and details of the plagiarism.
The faculty ruled that Mr. Biden would get an F in the course but would have the grade stricken when he retook it the next year. Mr. Biden eventually received a grade of 80 in the course, which, he joked today, prevented him from falling even further in his class rank. Mr. Biden, who graduated from the law school in 1968, was 76th in a class of 85. HUGE LOL!
Just a couple jewels from that Smug,arrogant sob biden,
WASHINGTON - Facing criticism, Joe Biden has been forced to explain his recent remark that "you cannot go to a 7-Eleven or a Dunkin' Donuts unless you have a slight Indian accent."
Biden described Obama as "the first mainstream African American [presidential candidate] who is articulate and bright and clean and a nice-looking guy."
"I think I probably have a much higher IQ than you do."
Of course there is the well published fact that Biden had plagiarized a law review article in a class paper he wrote,HUGE LOL! He claimed to have graduated in the top of his class,NOT! Was ranked 76th out of 85,another HUGE LOL! What a gift obama has given us:)
Biden Admits Plagiarism in Law School
By E. J. DIONNE JR., SPECIAL TO THE NEW YORK TIMES
LEAD: Senator Joseph R. Biden Jr., fighting to salvage his Presidential campaign, today acknowledged 'a mistake' in his youth, when he plagiarized a law review article for a paper he wrote in his first year at law school.
To buttress his assertions of sincerity and openness, Mr. Biden released a 65-page file, obtained by the Senator from the Syracuse University College of Law, that he said contained all the records of his years there. It disclosed relatively poor grades in college and law school, mixed evaluations from teachers and details of the plagiarism.
. . .
The faculty ruled that Mr. Biden would get an F in the course but would have the grade stricken when he retook it the next year. Mr. Biden eventually received a grade of 80 in the course, which, he joked today, prevented him from falling even further in his class rank. Mr. Biden, who graduated from the law school in 1968, was 76th in a class of 85. HUGE LOL!