New-born Baby's Cans: Making Money in a Down Market

[df21084]

Can-ners,

It is possible to capture double dividends each month IF you have Interactive Brokers.

New-born,

I'm sorry, but I'm not clear on what you mean by this. Would you please elaborate?

Regards!

[New-born baby]

Double dividends

Df XXXXX

IF you had Interactive Brokers as your brokerage firm, the trading fees are only .02 CD per share. Not bad. Now let's consider AY.UN. It usually trades up to 12.00 CD or more per share. Invariably, it drops down to 11.60 or so each month. It pays a .16 divy. Now if you sell the day before the divy for 12.00, and buy it back about 5 days later for 11.60, that's .40 CD or about two month's worth of dividends. See what I mean?

[New-born baby]

Dividends are nice

Prospective Can holders,

Yesterday was payday if you held a Can in your Scottrade acct. Actually payday for a majority of Cans is the 15th of each month, but because the 15th was a Saturday this month, payday was Monday the 17th. Scottrade takes two/three days to post your divy.

It is nice to receive a 1.5% divy check each month. Here's a little known dividend fact from Richard Young, who has a newsletter called INTELLIGENT INVESTOR. "Since 1927, a dollar invested in dividend paying stocks have grown 22 times more than a dollar invested in so-called growth stocks."

One thing about a dividend paying stock: as long as it can pay the dividend, it tends to hold its value because it has value. Especially nice are these Cans paying monthly dividends, because the proximity of the dividend tends to prevent unitholders from dumping the stock when they know that another check is just days away.

[Thomrich]

Greetings,
Not to be a skeptic,as I think these canroys are great,but a clarification on the dividend is worth a mention.

Its really called a distribution,as its a payout from an oil reserve which will dry up eventually,if not replaced.

EENC has partnered with JDO to prospect for more oil,distribution is expected to increase to .18 soon ,so heads up.

cordially Tom

[New-born baby]

Eenc

Tom,

Thanks for the heads up. Have you bought any? What would you consider a good play? Buy at market today, or wait for a dip?

[Thomrich]

Greetings,
I am waiting for the post dist selloff around the first of the month,should drop to 50 ma,both EENC and PGH will be my players.

I believe some funds short these causing the dist selloff to drop more than the Dist amount,and then the rise back a few days later.

Thats my play, 5 -6 trading days left till then.

cordially Tom,

[New-born baby]

pwi

Tom,

Keep talking on this thread about your play. Please post before and after you purchase your shares. I am going to jump in there with you this time. Also, PWI is a good play at 21.50 or so. Check the chart for yourself. I have been watching it for awhile.

[bec1nj]

Muchas gracias

Thanks for the education on all this.
Bruce

[New-born baby]

Bienvenido

Bruce,

Bienvenido, campanero inversor.

Everyone on this board is looking forward to your instruction. Please start posting your thoughts. We are anxious to learn what you know.

[Thomrich]

Greetings NBB,
The selloff occurs usually the same time,about 1hr into the session,it can rack your nerves,as these dont usually wiggle more than 1% a day,to see them drop 5 - 7 % in a wink can make you flinch at buying.

I look to grab when it gets near 50dma and wait to level off,then hit the button.
Lots of times its back close to the open within a day.

BTW NBB,is there anything in your screen name?

cordially Tom

[New-born baby]

What's in a name?

BTW NBB,is there anything in your screen name?

cordially Tom

Thomrich,

Yes, two things. When I joined MM last year, I was new to serious investing. In college I had dabbled in the markets and made some small change, but last year I got serious about it.

So when I signed up for this forum, they asked for a user name. I chose New-born Baby because (1) I was new to serious investing, and (2) because the Bible teaches that "except a man be born-again, he cannot enter into the Kingdom of Heaven." (John 3:3,5,7,. The new birth that Jesus speaks about is the spiritual birth that God gives when a man recognizes that he is a sinner, and that because God judges every single sin, he is on his way to the lake of fire (Hell), and therefore calls upon Jesus Christ to save him from his sins. When the sinner calls upon Jesus to save him, he is "born again." And since I was born again, and am now a preacher, I use the name "New-born baby."

That is a very brief explanation of the new birth. If you wish to contact me, go to the User Control panel and send me an email. I'll send you a more thorough explanation via USPS. If you personally haven't been born again, it is well worth looking into because Jesus said that was the requirement for eternal life (John 3:3-1.

Best investing to you always. And God bless you and yours.

[spikefader]

Bienvenido, campanero inversor.

Mi español chupa, pero puedo decir todavía "adoro las paradas"

Ya, agree Bruce. Show us your favorite 'setup' or sumfin'........or failing that, something to debate

[spikefader]

........"except a man be born-again, he cannot enter into the Kingdom of Heaven." (John 3:3,5,7,........

Amen brother!

[Thomrich]

Thomrich,

Yes, two things. When I joined MM last year, I was new to serious investing. In college I had dabbled in the markets and made some small change, but last year I got serious about it.

So when I signed up for this forum, they asked for a user name. I chose New-born Baby because (1) I was new to serious investing, and (2) because the Bible teaches that "except a man be born-again, he cannot enter into the Kingdom of Heaven." (John 3:3,5,7,. The new birth that Jesus speaks about is the spiritual birth that God gives when a man recognizes that he is a sinner, and that because God judges every single sin, he is on his way to the lake of fire (Hell), and therefore calls upon Jesus Christ to save him from his sins. When the sinner calls upon Jesus to save him, he is "born again." And since I was born again, and am now a preacher, I use the name "New-born baby."

That is a very brief explanation of the new birth. If you wish to contact me, go to the User Control panel and send me an email. I'll send you a more thorough explanation via USPS. If you personally haven't been born again, it is well worth looking into because Jesus said that was the requirement for eternal life (John 3:3-1.

Best investing to you always. And God bless you and yours.

Greetings,
Its good to see Classic Christianity spoken here,not the "blab it and grab it" prosperity gospel you see on TV.
Romans 5:10 straightened me out,along with Bob George from PTP.

BTW PGH ex date is the 28th,with the hold till the 1st.

cordially Tom

[New-born baby]

Great News! Spike/Tom

Tom, Spike,

Nice post about Romans 5:10/John 3:16. Thank you for sharing it with me.

PGH--Yes, I'll be watching. High oil prices may mean that the drop is not as severe as we might hope.

Also watching PWI, DOM, and EENC. EENC has low volume, though, and I like a little more liquidity.

Thank you for keeping in touch. Please continue to do so.