NS

Insider Buying Week 8-26-22 Jerome Powell Debuts at Jackson Hole as “Chucky “

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Curious how well insiders are doing with their buys? Scroll through the significant buys of the last year. Friday was a blood bath. The Dow dropped 1000 points. Jerome Powell played Chucky, the criminally insane doll that came to life.  With stunning, chameleon-like performance, he morphed into Paul Volcker, warning the investment community about the pernicious destructive nature of inflation.  Volcker is the Fed Chairman that was famous for crushing the inflation of the 1970s by running interest rates into the high teen percentage points. I personally think it was the most boneheaded policy I’ve lived through. the economic equivalent … Read more

Notable Insider Buying Week 11-29-19

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  Shares of Karuna Therapeutics Inc. KRTX, more than tripled (up 254%) November 19th in active trading to an intraday high of $123.99 after a phase 2 trial of its schizophrenia treatment met its primary endpoint.  Karuna and its underwriters, led by Goldman Sachs et al, wasted no time rushing out a sport secondary at $96 raising $250 million. At Friday’s close of $71.88, people lost serious money in this secondary, including biotech VC and hedge fund Sofinnova Venture Partners which upped their position by$15 million.  No tears shed as they are early investors, buying $15 million on the IPO at … Read more

Notable Insider Buys Week Ending May 17, 2019

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The market gets scarier by the day.  Wealthy individuals pulled their money out at record rates not seen in seven years. Black swans seem to be showing up in multiple corners of the world, China trade war, Iran real war, just to mention a few. None the less that didn’t stop a few insiders with conviction loading up on their company’s stock. In fact, it’s the most buying we have seen in some time. We highlight those over $200,000 in this report.

‘s 10% Ginnie Maes, right in front of our noses

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I wish I had a nickel, no maybe $10,000 for every time I heard someone say,” I wish I had bought those 10% Ginnie Mae bonds back in the day…”  (GNMA Bonds are guaranteed by the full faith and credit of the U.S. Government) Well, that Ginnie Mae may still be here, staring us right in the face in the oil and gas and particularly MLP market.  Many MLPs in the oil and gas infrastructure business are selling with yields from 8.5%-15%  No, it’s not guaranteed but then again interest rates aren’t at near 0% either.  We put together a … Read more

Pipeline-Capacity Squeeze Reroutes Crude Oil – WSJ.com

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By RUSSELL GOLD CONNECT More crude oil is moving around the U.S. on trucks, barges and trains than at any point since the government began keeping records in 1981, as the energy industry devises ways to get around a pipeline-capacity shortage to take petroleum from new wells to refineries. Enlarge Image Getty Images Oil container cars sit at a train depot outside Williston, N.D. The improvised approach is creating opportunities for transportation companies even as it strains roads and regulators. And it is a precursor to what may be a larger change: the construction of more than $40 billion in … Read more

Why NuStar Energy Is a Top 10 Energy Dividend Stock (NS) – Forbes

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NS has been a challenging hold at the Fund but we continue to have faith. At least we are getting paid well to wait.  I talked with IR Friday about the unusual weakness in the stock but they had no clue either.   I still like the fundamentals of the pipeline business and I think asphalt refining has hit bottom. NuStar Energy L.P. (NYSE: NS) has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ”DividendRank” report. The report noted that among energy companies, NS shares displayed both attractive valuation metrics and … Read more