I’ve owned the royalty trust BP Prudhoe Bay (NYSE: BPT) for a few years. Back when oil hit $147 per barrel, BPT hit an all-time high of about $106 per share. Today it closed at $97.88 with oil at about $82 per barrel. Yahoo! Finance shows a forward dividend yield of 15% on BPT, but [...]
With the S&P 500 touching a 52-week high today, I checked Portfolio Armor to see how much it would cost to hedge a position in the S&P 500 tracking ETF SPY against a greater-than-20% loss for six months. It would cost about 1.3% of the position value. I’ll be interested to see how that cost [...]
A couple of years ago on the old blog, I posted about how cheap Venezuela’s stock market was. Back then, it had an average P/E of 2. Checking the FT’s Yield & P/E by Country (PDF) today, the average P/E is now 0.4 (though the average dividend yield has dropped from ~20% to ~15%). As [...]
U.S. Energy Corp. (Nasdaq Capital Market: USEG) issues its annual report. Here’s the full filing, via the SEC’s website, and here are the company’s highlights via its press release. Nothing too surprising here; the investment thesis remains on track since I last blogged about this company. These were the highlights the company listed in its [...]
Effective as soon as my developers implement the changes (most likely, within the next day or two), the premium membership fee on Short Screen is going up from $14 per month to $30 per month for new members. Current members will be grandfathered and continue paying their current membership fee.
It’s worth checking out the comments about technical analysis in this thread on GuruFocus by a poster going by the name “Eboro”.
On Steam Catapult today, revisiting the idea of a crowd-sourced due dilly trip to Perth to check up on Alloy Steel International (OTC BB: AYSI.OB) via a new crowd-sourcing site: Rocket Hub.