at3.31.At3.31,dividendrateforakfis45%.Nextexdividendrateis12/15,paydayis12/31.
Belowiscopiedfromyahooakfmessageboard:
Atunder$3/shr,theyieldisover50%.
Obviously,theriskofinsolvencyisanelementoftheprecipitouspricedropinbothAKFandAKT,butcanthatexplainitall?
Personally,I\'mguessingthattheppsdropisduetoforcedsellingbyinstitutionsthatcannolongerholdthislower-rateddebtasaresultofMoodysan...[
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Reasonssimple:pricewellunderitscash/pershareofabout$3.3,lightbusinessmodel,onlinecasinobusiness,(divertingmoneylosingonlinepokerbusinessnow),itisatmaximumheadwindnow:a)USbanofinternetgambling,b)movingtoEuropefromCanada,notawisemove,c)pokerbusinessbrokedown,d)currencyhedgeloss(orlackofhedgebecauseitreportsinUSdollarwhileconductbusinessinEurope).e)currenteconomycrisis.Icouldnotimagineanythingcouldbe...[
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fromFDAadvisorycommittee(orsomethinglikethat)on12/10/2008.ItisabinaryeventandIamgoingtobetonit.IfIlose,60cents/share,andIhaveanotherchancecomingseveralmonthslaterforrealFDAdecision,IfIwin,Ithinkitwouldbebetterthan60cents/share.PlusIthinkoddsoffavorabledecisionwillbegreaterthan50%.
Itisjustmypersonaldecision,notsuitableforanyonewhodoesnotfollowACUS.Ifmybuyorderfulfilled,Imaysellbefore12/10ifIha...[
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多麽“懂事”的母親,太過“懂事”了!做一個中國人,扭曲啊!死了唯一的孩子,還要感謝,被關進瘋人院,都沒提一下。
那些被楊佳殺死的警察該死,因為他們是專製機器的代表。他們的工作保證了國家機器的正常運行。當國家機器與人民發生衝突,他們就成了犧牲品,雖然他們沒有惡意。當年那些國民黨士兵也沒有惡意。很多都是貧民,是共產黨要解放保護的。但是[
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Asstockswentdownwavebywave,everywavelooksthesame.Buttheyaredifferentunderthehood.Iwouldstressthattheguyswhodaretobuyatthelastwavefacingcollapsingmountaininfrontoftheireyesareusuallylongterminvestors,theyaredifferentfromthosespeculativeinvestors,onlytwothingscanmakethemtosell,aworsethanexpectedeconomy(whatcouldbeworsethancurrentprojectionofeconomy?)oragreaterbargainsomewhereelse.Soinvestorswhobuyfo...[
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happen,notafter.AfewChinese\'sbehavioronthisforumisnotthatencouraging,alltheyareinterestedaretomockothers,showingofftheirintellectsupremacy.Weareheretomakeeachotherrichandsuccessful.ItakeprideinMiatasafellowChinesereadytohelpothers.Iamproudofotherregularcontributorstothisforumtoowhoprovidesmuchneededinformation,genuineinsightandfeedbacktoevolvingeconomy.
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Ihavebeenquietrecentlyaboutmyfavoritebondinsurers.IamnotsurehowtheneweconomydevelopmentaroundOctwillaffectthem.Iwasreallyworried.Thirdavenuehasnotpublishedtheirletterstoshareholdersyet,maybetheyareintrouble,justaspeculation.
ButIfoundouttoday,MBICEOresumeshissharebuyingafteracoupleofmonths\'silence.Ifeelsmuchbetternow.Ago\'snewsofacquiringFSAalsoshowsAgo\'sfinancialstrength.ABK\'sdisappointing...[
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boughtat1.23andothersinmyretirementaccountsatpricesmaybearound3(forgot).
IthinkIhaveamisconceptionaboutliquiditycrisisondowngrade.BeforeIthinkoncedowngraded,abkisshortofabout2-3billionsoncollateral,ifitcan\'tgetacashinfusionfromoutsidehelp,itneedstofilechapter11forprotection.ButIjustrealizedthatabkhasenoughliquidity,itisitsfinancialserviceunithasliquiditycrisis.Iwassurprisedatabk\'ssharepricep...[
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foragotomorrow.
Justfinishedlisteningtoabk\'sCC,theearningreportisworsethanwhatIthought,soIcutlossat2.78on1/3ofmyposition.itis1/3becauseorderisnotcompletelyfilled.IamstillpositiveonMBIandAGO.
Ineedtothinkmoreaboutthis,justareminderthatabkandmbi\'sinsuranceonlyinsurestimelypaymentofprincipalandinterestowedtobondinsurers,sounrealizedlossthoughbig,itcandragsfordecadestorealizeallthoselosses.A...[
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isinsiderbuyingandthirdavenue\'sanalysis.Iamanxioustowaitforthirdavenue\'squarterlyreporttocomeout,itcameoutlastyearon10/30,butnotoutyetforthisyear.
ABK,MBIwereattackedfirstbyshorts,buttheyarestillstandingafternearlyanyear,someofbanksweredeadshortlyafterattack.Thisshowssomeresilience.Thereisnobankrunforinsurers,atmostyoucandoistostopnextpayment.Ofcourse,postingcollateralcanmeanaliquiditycrisis...[
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