Copyright © 2013 Knight Sac Media. All rights reserved.http://www.siliconinvestor.com/subject.aspx?subjectid=58607A site to discuss primarily dividend stocks and preferred stocks link to Xot's google document spreadsheet: docs.google.com  WSJ link to preferred stock list: online.wsj.com http://www.siliconinvestor.com/images/Logo380x132.pnghttp://www.siliconinvestor.com/subject.aspx?subjectid=5860738013210brehm233GGN declares "The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust by Gabelli (NYSE MKT:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.12 per share for each of Jul...http://www.siliconinvestor.com/readmsg.aspx?msgid=289033605/19/2013 3:32:45 PMbrehm233BDC's risk"The capital markets didn't understand this risk fully until 2008 and 2009 when all the money from banks dried up," Alt adds. "For investors accustomed to getting income from bonds, they better be ready for a wild ride with BDCs." Although ETFs solve one problem by diversifying among many of the companie...http://www.siliconinvestor.com/readmsg.aspx?msgid=289033235/19/2013 2:55:59 PMi.mkatAn OT Sunday Postcard From The Pearl A VERY NICE MAN Steve stops by mid-day Monday with a tomato trellis he makes for her that mimics pea trellis he makes for her a few weeks ago. They meet in her doorway grinning at one another whil...http://www.siliconinvestor.com/readmsg.aspx?msgid=289030685/19/2013 11:42:57 AMbrehm233"The perception that investors are “forced” to hold stocks is driven by a growing inattention to risk. But Investors are not simply choosing between a 3.2% prospective 10-year return in stocks versus a zero return on cash. They are also choosing between an exposure to 30-50% interim losses in stocks versus an expos...http://www.siliconinvestor.com/readmsg.aspx?msgid=289029515/19/2013 9:15:33 AMbrehm233Re: Any thoughts on new GFN-C preferred, 9%? Surprised it is a $100 par issue... "If the issuer does not pay dividends in full on the Series C Preferred Shares on any two Dividend Payment Date, the dividend rate will increase 2.00% per annum. On each subsequent dividend payment date on which are not paid, the divid...http://www.siliconinvestor.com/readmsg.aspx?msgid=289029405/19/2013 9:00:24 AMincome investorhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289029295/19/2013 8:39:33 AMlilyladyhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289017995/18/2013 7:13:32 AMlilyladyhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289017985/18/2013 7:13:21 AMKEN2CWLRe: They may take another shot at shorting but it has been kind of hovering in t I also am not big on shorting, although I have done so. I believe you must pay the dividend to the person from whom you borrowed the shares but it is a net loss to you since you sold the stock, not bought it. Kenhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289015725/17/2013 10:29:32 PMinspbudgetRe: They may take another shot at shorting but it has been kind of hovering in t B.O., the shorts do not get anything at all. Remember, they borrowed the shares, so they are NOT the registered owner. Dividends go to the registered owner, who is the lender. the shorts have to dig into their pocket and pay the d...http://www.siliconinvestor.com/readmsg.aspx?msgid=289015135/17/2013 9:40:50 PMB.O. PlentyRe: They may take another shot at shorting but it has been kind of hovering in this I would think when monthly distributions are begun this summer, LNCO and LINE would be a more difficult short to do than a quarterly payer. Is that correct? I believe the shorts receive the distributions, but then have to pay those d...http://www.siliconinvestor.com/readmsg.aspx?msgid=289014675/17/2013 9:07:04 PMKEN2CWLThey may take another shot at shorting but it has been kind of hovering in this area for a few days. A new jump to $40 wouldn't surprise me in a couple weeks or sooner as the fear wears off. If so I will probably be on my way again. I have traded this several times and eventually I will be beaten like a red headed step...http://www.siliconinvestor.com/readmsg.aspx?msgid=289011465/17/2013 5:50:46 PMinspbudgetRe: Back with my old buddy again.... LNCO. I am in again at $37.75. Ken So, Ken, you figure the second short attack has kind of played itself out? I hope you're correct. I sold cash secured puts for LNCO, June $37.50. If it comes to me, it comes - and that's just before the start of monthly dividends. Here's wis...http://www.siliconinvestor.com/readmsg.aspx?msgid=289011075/17/2013 5:26:15 PMKEN2CWLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289007355/17/2013 2:55:40 PMi.mkatBought a tiny position in GFNCP ... 8.9% yield on my purchase @ $101. Already I've lost $25! .Khttp://www.siliconinvestor.com/readmsg.aspx?msgid=289006065/17/2013 2:01:19 PMi.mkathttp://www.siliconinvestor.com/readmsg.aspx?msgid=289006025/17/2013 1:59:03 PMi.mkathttp://www.siliconinvestor.com/readmsg.aspx?msgid=289005955/17/2013 1:56:39 PMbrehm233http://www.siliconinvestor.com/readmsg.aspx?msgid=289005775/17/2013 1:50:57 PMorchid25Dumped my JQC shares when the market opened this morning. Reason - Nuveen filed for an "equity shelf" which seems to mean an offering of shares at some point. So not knowing exactly what this might do to the price of shares I decided to sell mine. Sold at cost so I lost the round trip commission....$7.95 each way ... ...http://www.siliconinvestor.com/readmsg.aspx?msgid=289003715/17/2013 12:46:18 PMKEN2CWLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=289001595/17/2013 11:21:07 AMi.mkatGFNCP Fidelity shows no trades, but a bid of $26.00 and ask of $199,999.99. It will be interesting to see where it opens? .Katehttp://www.siliconinvestor.com/readmsg.aspx?msgid=289000515/17/2013 10:50:07 AMi.mkatRe: from the FAM mb What on earth is the FAM mb ... I'd love to look at it. .Khttp://www.siliconinvestor.com/readmsg.aspx?msgid=289000295/17/2013 10:37:09 AMbrehm233from the FAM mb "Linear extrapolation using least squares after removing periodic declines (which we are now at the end of) followed by testing to show that linear correlation was in fact true. In addition polynomial generation followed by first and second derivative equality at points of polynomial intersection als...http://www.siliconinvestor.com/readmsg.aspx?msgid=289000145/17/2013 10:29:53 AMbrehm233http://www.siliconinvestor.com/readmsg.aspx?msgid=288998485/17/2013 9:14:10 AMbrehm233missed this one Fifth Third Bancorp, 5.10% Fix/Float Dep Shares Series H Non-cumul Pfd Stock Ticker Symbol: FTBXL CUSIP: 316773CM0 Exchange: OTOTC Security Type: Traditional Preferred Stockhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288998375/17/2013 9:10:16 AMbrehm233Capstead Mortgage Corporation , 7.50% Series E Cumulative Redeemable Preferred Stock, admitted to the NYSE list and to trading. NYSE Ticker Symbol: CMO PR Ehttp://www.siliconinvestor.com/readmsg.aspx?msgid=288998005/17/2013 8:43:30 AMKEN2CWLJUST ENERGY Just Energy Reports Fourth Quarter and Fiscal 2013 ResultsCustomer base increases 10% during fiscal 2013 to 4.46 million customers Embedded gross margin up 15%, year over year Gross margin expands 5% Base EBITDA down 16% EPS increases to $4.30 per share basic from a loss of $0.93 in Fiscal 2012 Management c...http://www.siliconinvestor.com/readmsg.aspx?msgid=288993995/16/2013 9:42:03 PMKEN2CWLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288993925/16/2013 9:36:50 PMorchid25Re: Put some money into PONDX, Pimco Income Fund. InspectorBudget: Looks like 60 days at Fidelity. Fidelity will charge a short term trading fee each time you sell or exchange shares of FundsNetwork No Transaction Fee (NTF) funds held less than 60 days (short-term trade). Money market funds, funds redeemed throu...http://www.siliconinvestor.com/readmsg.aspx?msgid=288991345/16/2013 6:50:43 PMinspbudgetRe: Put some money into PONDX, Pimco Income Fund. Orchid, I checked up on buying PONDX via Vanguard; there appears to be a fee of 1% ( or $50 minimum ) if shares are sold within 6 months of purchase. This means I am forced to hold onto the fund for 6 months or get hit with the fee. I wonder if buying direct ...http://www.siliconinvestor.com/readmsg.aspx?msgid=288990435/16/2013 6:07:13 PMorchid25Put some money into PONDX, Pimco Income Fund. Have not invested in a Mutual Fund in many years, did start with all Mutual Funds back in 1990 thru Vanguard and was heavy in same for some years. Ultimately became unhappy with Mutual Funds and slowly left them all moving to another Broker with a lower commission structur...http://www.siliconinvestor.com/readmsg.aspx?msgid=288987595/16/2013 3:54:24 PMsnookcitydoes anyone own NCT? they spun off NRZ [1 for1] today my question is on the cost basis I bought for $10.50 so do I split down the middle or is there a percentage for each. any help appreciated, thankshttp://www.siliconinvestor.com/readmsg.aspx?msgid=288986885/16/2013 3:24:17 PMDaveinPaRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup I think a better way to say it is that CMO is a mREIT while ABR is actually a BDC that specializes in Real Estate.http://www.siliconinvestor.com/readmsg.aspx?msgid=288984325/16/2013 1:53:50 PMlilyladyRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup Had my order filled on CPSMP for 25.00. An associate from TDAmeritrade called this morning just to introduce himself, and during the conversation I asked him about specifying AON on my orders, and he said your order goes to the end of...http://www.siliconinvestor.com/readmsg.aspx?msgid=288981395/16/2013 12:12:49 PMbrehm233Qwest Corporation 6.125% Notes Security Ticker Symbol Not Yet Announced Market Traded On NYSE Interest Payment Paid on the 1st of March, June, September and December beginning on September 1, 2013 Quarterly Payment Per Share .38 Securities may be called as early as 6/1/2018 for a call price of $25/sh...http://www.siliconinvestor.com/readmsg.aspx?msgid=288981355/16/2013 12:11:54 PMi.mkathttp://www.siliconinvestor.com/readmsg.aspx?msgid=288978565/16/2013 10:38:37 AMLord XotRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup I should mention, i bought 725 shares of CPSMP. One more word on quantitative analysis. The below is TheStreet.Com disclaimer regarding their stock analysis. Doesn't inspire any confidence.......................................Xot Ed...http://www.siliconinvestor.com/readmsg.aspx?msgid=288976835/16/2013 9:21:10 AMbrehm233Re: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup The common sure has had a strange history of divys, not sure if that is just the nature of their business... finance.yahoo.com http://www.siliconinvestor.com/readmsg.aspx?msgid=288971275/15/2013 8:13:04 PMbrehm23315-May-2013Other Events, Financial Statements and Exhibits Item 8.01 Other Events On May 14, 2013, CenturyLink, Inc. issued a press release announcing that its indirect wholly-owned subsidiary, Qwest Corporation, agreed to sell $750 million aggregate principal amount of 6.125% Notes due 2053. Qwest Corporation also g...http://www.siliconinvestor.com/readmsg.aspx?msgid=288971055/15/2013 8:01:31 PMLord XotRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup CMO and ABR aren't really comparable companies. ABR is a commercial finance reit engaged in many different types of commercial finance. CMO is a residential morgage reit investing in adjustable rate mortgage pass through secuties issued a...http://www.siliconinvestor.com/readmsg.aspx?msgid=288967255/15/2013 5:12:22 PMMCsweetRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup Both are mortgage REITs. CMO has interest rate and prepayment risk. ABR has credit risk. ABR might have the riskier long-term profile, but credit risk is doing much better right now. It feels like interest-rate risk stocks like CMO ar...http://www.siliconinvestor.com/readmsg.aspx?msgid=288966895/15/2013 4:53:39 PMYieldHogRe: I paid more than I wanted to but I did pick up some the the SAQ. I love the The F rating would be on the common. We are not buying the common. We are buying the debt. BTW I don't have a high opinion of Schwab's equity opinions....just my opinion...for what its worth!!http://www.siliconinvestor.com/readmsg.aspx?msgid=288966465/15/2013 4:42:34 PMdrpiranhaRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup Brehm Here is a PDF on the process. personal.fidelity.com  Milthttp://www.siliconinvestor.com/readmsg.aspx?msgid=288966325/15/2013 4:34:53 PMbrehm233NEW YORK, NY--(Marketwired - May 15, 2013) - Apollo Investment Corporation (NASDAQ: AINV) (the "Company" or "Apollo Investment") announced today it has priced a public offering of 19.0 million shares of its common stock at a public offering price of $8.60 per share for total gross proceeds of $163.4 million. The closi...http://www.siliconinvestor.com/readmsg.aspx?msgid=288965915/15/2013 4:25:45 PMKEN2CWLhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288965705/15/2013 4:19:18 PMbrehm233Re: I paid more than I wanted to but I did pick up some the the SAQ. I love the matu did they indicate any reasoning behind the 'F'? that's the first bit of negative news on SAR I have seen...http://www.siliconinvestor.com/readmsg.aspx?msgid=288965425/15/2013 4:09:49 PMbrehm233Re: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coup very good find, never seen this one. How accurate did they say the ratings have been lately? tiahttp://www.siliconinvestor.com/readmsg.aspx?msgid=288965385/15/2013 4:07:52 PMKEN2CWLI paid more than I wanted to but I did pick up some the the SAQ. I love the maturity. Schwab by the way rates the company an F. (who cares?) Kenhttp://www.siliconinvestor.com/readmsg.aspx?msgid=288965365/15/2013 4:07:24 PMdrpiranhaRe: What are the Board's feelings on CMO E shares (preferred)? It's a 7.5% coupon w Ron, I had tried to get the board the comment on their comparitive feeling between ABR and CMO, but there was no response. I went to Fidelity's website and by logging in, I was able to make a decision. I do not have enough skills to...http://www.siliconinvestor.com/readmsg.aspx?msgid=288964405/15/2013 3:42:22 PMbrehm233another excellent article from Factoids, anyone own PFLT? "PennantPark Floating Rate Capital ( PFLT) had its initial public offering on April 7, 2011 and closed that day at $13.40. PFLT closed Monday at $14.31 and with a yield of 7.34%. The current monthly dividend is $0.0875/share compared to the beginning dividen...http://www.siliconinvestor.com/readmsg.aspx?msgid=288958265/15/2013 12:04:23 PM