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Old 04-12-2017, 07:25 PM   #1861
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Or maybe had rather booked a flight to India!!! That is what I would do...


Oppps... saw AJA after I posted...


My Dad is 80 and old school. Never been on a plane. He probably would have wanted me to sneak it in boxers and bring it back, lol.
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Old 04-12-2017, 09:09 PM   #1862
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My Dad is 80 and old school. Never been on a plane. He probably would have wanted me to sneak it in boxers and bring it back, lol.

Have you checked if the prices in Canada are cheaper? Or even Mexico ?
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Old 04-12-2017, 09:18 PM   #1863
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Have you checked if the prices in Canada are cheaper? Or even Mexico ?


It all worked out in a week or two as insurance approved payment, so it was all good and worked. He was just convinced they wouldnt. I knew they would as it was medically necessary and not an experimental drug. It was that Gilead hep medicine that made them so much money. Unfortunately for Gilead they created a medicine that actually cures something instead of just treating it forever. So they are running out of customers because its a cure.
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Old 04-14-2017, 08:01 AM   #1864
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Any idea why WFC-L is going up?
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Old 04-14-2017, 08:38 AM   #1865
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Any idea why WFC-L is going up?
The 30 year bond yield is falling... That's why!
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Old 04-14-2017, 07:38 PM   #1866
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Went picking up nickels on the ground again. Held 300 shares of GJP for a week and sold at 21.93 after buying at 21.25 and collecting a 6 cent monthly dividend. Bought 300 shares of GBLIZ at par with divi being kicked out in 2 weeks.
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Old 04-17-2017, 12:25 PM   #1867
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Unusual price strength in HE-U the past 2 trading days, bringing down the yield below 6%. Sold 1/2 my position at $28.00 as this is around the 52 week high.

Note that this is way beyond First Call date, so risk of a call is a "real & present danger".

Fully expect to buy back later in the mid to low $27's.
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Old 04-17-2017, 02:23 PM   #1868
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Unusual price strength in HE-U the past 2 trading days, bringing down the yield below 6%. Sold 1/2 my position at $28.00 as this is around the 52 week high.

Note that this is way beyond First Call date, so risk of a call is a "real & present danger".

Fully expect to buy back later in the mid to low $27's.


That was laying on a tee and you knocked it over the fence! Smart trade... I bought 400 shares of GBLIL at $24.85. A.M Best rates it BBB- investment grade. I think they got a rep for being a bit "soft" on their ratings. So still a new issue yielding about 8% is too much to pass on. I got 300 shares of sister GBLIZ at par Thursday and it jumped a bit to $25.33. I am hoping liquidity dries up on the new GBLIL and flip for a few hundred gain when it gets closer to its first exD date this summer. Not enthused about holding 700 shares long term. Will settle into 300-400 range down the road tops.
They yield higher than the AmTrust debt AFSS without the accounting cloud hanging over them.
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Old 04-18-2017, 08:19 PM   #1869
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So interest rates are continuing to decline after failing to take out the 3 year top in yields for the 30 year bond, which is now smack dab in the middle of the 2.25- 3.50 range. I continue to let the interest rates themselves let me know what they want to do and it seems they want to stay in this lower range, at least for now. After recently failing to even take out last July’s intermediate and lower high of 3.25, I will await another run at the high end of the range before I would add any more preferred stock for now.
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Old 04-19-2017, 08:51 PM   #1870
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So interest rates are continuing to decline after failing to take out the 3 year top in yields for the 30 year bond, which is now smack dab in the middle of the 2.25- 3.50 range. I continue to let the interest rates themselves let me know what they want to do and it seems they want to stay in this lower range, at least for now. After recently failing to even take out last Julyís intermediate and lower high of 3.25, I will await another run at the high end of the range before I would add any more preferred stock for now.


I just keep on keeping on and essentially full speed ahead with your steadfast belief in lower for longer. After the Trump Tantrum they sagged then went back up even when yield was staying stubborn at 2.5 level for considerable time. I agree no rush to move fresh money in, but I keep it fully invested so I dont have any money on sidelines.... Well if Ottawa win this series with Bruins and Blues take the Wild, I will.
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Old 04-24-2017, 04:33 PM   #1871
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Blues and Senators both won...Betting account too flush, so the spillover goes to my preferred buying account.... How is this for a purchase I just made today....I bought a preferred that has no operations and no employees. The company quit having yearly elections in 1996 to approve board of directors who received no pay to oversee a company that had no operations or employees...But...has consistently paid its dividend since 1863. This one is non callable and will out live me.
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Old 04-25-2017, 05:09 AM   #1872
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And the yield is And the name of this preferred is?🙈🙉🙊


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Old 04-25-2017, 06:40 AM   #1873
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Its yield is nothing to brag about. I just wanted it from its historical prospective. It even had a state supreme court decision over its dividend being ruled non taxable to shareholders back in 19th century. Its yield is 5.5%. Its a rail road preferred the Dayton and Michigan RR (DMRRP) 8% $50 par, perpetual guaranteed payment (called cumulative now). CSX is guaranteer of payment. Only about 8,000 shares outstanding. It only trades a few hundred a year so I had to pay up as person chased above me to $71 so I paid $73 ask. Previous 100 share trade was last July.
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Old 04-25-2017, 02:53 PM   #1874
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Interesting. As you may recall, I'd be interested in picking up some CTPPO but it seems to trade way above par and in lots of 1, but I keep an eye on it
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Old 04-25-2017, 03:08 PM   #1875
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Interesting. As you may recall, I'd be interested in picking up some CTPPO but it seems to trade way above par and in lots of 1, but I keep an eye on it


Remember Golden, par doesnt matter with this one...Its the call price...Call price is $110. It effectively was called several years ago. They are through with trying to get the shares. I think there are only 2,000 shares left outstanding which is just a dribble... Most were surrendered on a voluntary call.... Yes, it will be very hard to snag a 100 at once.
I bought a few hundred more of CFC-B to empty my investing cash out again... Im betting it lives on a bit while more. Its sister issues are acting like it... We shall see... It goes exD in the morning.
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Old Today, 09:33 AM   #1876
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CFC-B is just a stable rock. Picked up a few hundred before it went exD this week at $25.88, it went exD and back to $25.72 already.
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Old Today, 12:46 PM   #1877
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OHI hit my stops today at $33.50 and automatically sold off. I still made a $2.55 gain over the past 4 weeks plus the $0.63 dividend that will be paid May 15. Bloomberg reported that "The Centers for Medicare & Medicaid Services is considering changing Medicare reimbursement policy and cutting payments to providers with exposure to patients who use the system the most". Heathcare REITS are selling off. I'll wait for the dust to settle before getting back in.
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Old Today, 12:55 PM   #1878
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Bought back HE-U at $27.30 ( Sold at $28.00 a few days earlier ).

A nice little flip, picking up a few more nickels in front of steamroller.

He who flips and runs away, lives to flip another day. unless the steamroller accelerates forward and crushes him, of course.
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Old Today, 02:07 PM   #1879
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Bought back HE-U at $27.30 ( Sold at $28.00 a few days earlier ).

A nice little flip, picking up a few more nickels in front of steamroller.

He who flips and runs away, lives to flip another day. unless the steamroller accelerates forward and crushes him, of course.

Yea, I got crushed a couple of times.... and that usually cost more than a few nickels and dimes....
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Old Today, 02:21 PM   #1880
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OHI hit my stops today at $33.50 and automatically sold off. I still made a $2.55 gain over the past 4 weeks plus the $0.63 dividend that will be paid May 15. Bloomberg reported that "The Centers for Medicare & Medicaid Services is considering changing Medicare reimbursement policy and cutting payments to providers with exposure to patients who use the system the most". Heathcare REITS are selling off. I'll wait for the dust to settle before getting back in.


That is cheating Freedom, that is a common stock. Congrats on the quick profits! Not much going on for me,as there is little price movement in what I own to do any trading. I sold off AES-C the other day and bought it back 20 cents cheaper today. That is fewer crumbs than Coolius will even mess with.
GBLIL seems to be creeping up a bit every day since I bought at $24.84 though. Everything else is just sitting there not trading, but that is pretty normal for most of mine.
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