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I dont' understand why these dividends are any different than say mutal funds or just random stock dividends which are taxed. Please elaborate.
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Read my lips, "NO TAXES"
Mi6op,
Acclaim Energy is non-taxable under Canadian law. That is because the distributions are classified as "return of capital," and not as a dividend. The Trust functions like this: they take the money they need to run the trust, and return to share holders the excess--and you still own the shares! Would you like to see this with your own eyes? Type into Google search "Acclaim Energy." On their webpage, click on Investor Relations, and then "Distributions," and you'll see their distributions and that 100% are listed under "return of Capital" (ROC) and that 0% are listed under "Income." Acclaim, as far as I can see, has never had a taxable dividend, and they are currently paying 15.5% What's wrong with that?
Other trusts are currently a mixture of ROC and Taxable income. For example, I think Paramount Energy Trust is 22% taxable, 78 % non-taxable ROC this year on a 17.4% dividend. And remember, these guys pay monthly. And you can drip them at 94% of the stock price!
APF Energy Trust is 15% non-taxable, 85% taxable this year. But they pay a 19% dividend.
Want to see more? Look under "Investcom.com" On their home page look for "List all income trusts." There are some 200 of them, but I have listed the best of the best below. The worst ones pay 6%. The best ones are all paying 17-18%, much of which is tax-free.
The best: (check out the homepage of Paramount Energy Trust, get a stock quote for any/all of these on the TSX)
BTE.un
NVG.un
VKR.un
PMT.un
AE.un
AY.un
EIT.un pays "only" 12.5%, but earned $2.63 per share, and pays $.84.
Why gamble on a failed breakout?
Check out the exchange rate at XE.com. If, after you buy the shares, the dollar weakens, you gain. Greenspan/Congress/Bush is printing money. Even the Oracle of Omaha, Warren Buffet, is betting the dollar drops in value. He says he sees no bargains in the US stock market. He is dealing in currencies right now.
Hope this helps. Best investing to you always,
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Re: AUO
I always follow your thread and thoughts its a good idea to understand your insight into AUOOriginally posted by stenzrob
Can you / others give me a perspective from fundamental point of view on AUO. I am thinking its a good "buy" at this level. But frankly I am still trying to figure out the impact of patent case, faling LCD prices and LG IPO to decide when should I be jumping in.
GemComment
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It's always something. First AUO gets hit by patent thing, now SNCI has just reduced their Q2 revs and earnings estimate.
Well, at least HBIO is bouncing a bit and APTI still looks good.Comment
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Now I'm glad I decided to get out of SNCI. I actually sold at break even and had wondered if I did the right thing.Originally posted by stenzrob
I've been playing IPIX and have made some good money on it. I know it's nothing but a hyped up stock, but if it's making me money, that's all that matters. I seem to be having much better luck trading like this. The market is still a little crazy.Comment
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SNCI crushed
Can I pick 'em or what ?! SNCI down about 40% today on massive volume. What a freakin' disaster. Put this on the list with QVDX, LENS, and HBIO as the world's worst stock picks. Apparently, I only have "no fear" because I'm not bright enough to know any better.Originally posted by stenzrobComment
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Re: SNCI crushed
Hang in there and don't get discouraged Stenzrob. You're not the only one having bad luck. Look at the drop in NUTR today. And that's one of Mr Markets picks.Originally posted by stenzrob
I actually just started trading this year and was down around 25%. I was getting very discouraged and even switched some of my funds into low risk mutual funds. I thought it was hopeless until I bought into IPIX and DHB. Man what a turnaround in my portfolio! If my streak continues, I will be in profit within a few days. I'm kepping a close eye on IPIX as I know it's very volatile, but I think DHB should go to at least $20.
Hey, I an amatuer and I made a comeback! A pro like you...you'll rebound in no time.
Don't beat yourself up, stay positive and you WILL win!Comment
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SNCI
Strenz,
I am also hit by QVDX, LENS, HBIO and now SNCI. I have bigger poisition in HSKA which is also going south....
[Indicates I am your big time follower...]
Unfortunately I didn't get into TRCI, WITS and other positions which had great profits...
you win some you lose some...Comment
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snci
Man followed you in on this one also, gosh it hurts. I got out of qvdx but am staying in hbio, I like where they are going but I think I am going to dump snci tomm. I just dont see where they are going with new products and the future looks too blurry for me. Stenz you gonna be patient with SNCI?
Check out HDWR I think this will be a good one. Good fundamentals and good technicals.
UTSI still looks like a great SAFE play, with an explosive future hopefully
TJKComment
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I like to check in on this and Spikes thread for new ideas/info...Anyway, Stenz...You still holding WITS??? I am and I added at 14.00 on the failed B/O day...I don't usually consider gut feelings as a good reason to buy and/or hold a stock...I prefer technicals combined with fundies...But I have a good feeling about WITS right now.(Call me Mr. Optimistic)
I will admit though...I have a larger % of my portfolio in WITS than is prudent...But if it goes up over 16...this could be a very good year instead of the mediocre one it is(for me anyway)...Best to all...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
Follow Me On TwitterComment
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Thanks to all for the therapy session!
SNCI - Yes, I plan to be patient with this one. Even with the hit in Germany, even with the downward revision, revenue and earnings are still growing yr/yr. The only thing that bothers me is how this seems to have blindsided SNCI management. There are a couple of decent short articles out there for perspective.
WITS - Yes, I still own it. Still my largest position. But, this is one of the few times that the amount of insider selling has made me nervous. I sold my PDEX because of the sheer amount of stock that Coss had put on the market. In the case of WITS, it is several officers selling day after day after day. The good news is that the stock price has held up to it.
ANIK - This is the one of the first stocks that I bought using my screen method, bought in May 2003 for $2.35. Traded extra chunks in & out a bit and sold the last of it for $4.32 on July 31, 2003, for an 84% profit. Have not owned it since. The stock just recently cleared $15. You never know when one may hit.Comment
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Just now picked up some more at $12.85.Originally posted by IIC
Hope our guts are right, IIC.Comment
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I was tempted...but I've already averaged down once...usually not my cup of tea to do that...Will just hold...IICOriginally posted by stenzrob"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
Follow Me On TwitterComment
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Another dang secondary
QUIN - On April 13, I bought some QUIN at $12.75. Sold it a week later on April 20 for $13.36 and a small profit, only to buy it back the next day for $12.10. Everything looked right - all my screen criteria were met, and it was advancing on high volume and falling on lower volume. Some good trading opportunities on volatility with prospects for healthy gains longer term. On April 27, the price closed at $14. After the close, earnings were released and looked good enough for continued long, but they also announced a secondary offering. Whether it was the earnings report or the secondary offering, I'll never know, but it opened the next morning at under $13 and was close to $10 a few days later. My small profits had evaporated. On May 25, they finally divulged the price of the secondary of $10.50, and of course the market price immediately went to $10.50 and has basically been there ever since. I sold at a loss at $10.42 on May 27.
APTI - I bought this on May 27 at $12.41, to replace the QUIN position. It's been up & down a bit, but I'm currently up over 7.5% at todays closing price of $13.36. Rising on high volume, falling on lower, everything in alignment for potential healthy gains. Guess what? They announced a secondary offering today at 3:26pm. I just cannot believe this. Check an intraday chart - the price was over $14 briefly, settling in at about $13.70, then the announcement came out and dropped immediately to $13.25.
Like I said, I don't know if it was the secondary or the earnings report that killed QUIN, but I'm not taking any chances this time. I just sold APTI after hours, which I seldom do, for $13.50 and just over an 8% profit. I don't know why the after-hours bid was higher than the close, and maybe I will miss a pop, but I would feel really stupid if I saw the same thing happening that had hit me before and just stood there watching it happen again.Comment
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Do I detect a little FEAR in your last post or is that WISDOM speacking. ===> MEAGO BIG RED!!!!!Comment
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