johnsyn
12 years ago
SA is overrun with shorters and options players trying to manipulate prices. Just like followers of Mad Cramer. Guarantee the bets are on the spikes and subsequent fall, no real difference from IHub. There's only a few SA authors that I'll even read their articles, some have tidbits of recent news I've overlooked, and definitely have done their DD and highlighted both pros and cons. Most of time I look at the author's profile and no further. SA been sued over and over, far more than IHub.
I post filings on IHub all the time, and in my experience, people are usually eager to read and DISCUSS them to get clear understanding.
MVO has very light trading today.
bar1080
12 years ago
Hey, charting is the greatest invention ever! Everyone assumes they can read charts and flip stocks based on them. Buy. Sell, Buy. Sell. Another reason brokerage houses do well. And who would buy pennies based on fundamentals?
One way to kill discussion on IHUB is to mention SEC filings. The fundamentals. Cash flow. Regulations. Financial statements. Audits. Heck, as a lawyer, I tend to pick stocks based on the CPA firm. I love to read the PCAOB reviews of small auditors. Madoff's investors should have done similar research!
You're correct that IHUB has become more of a social site more than an investing site. I've watched online stock boards evolve since the beginning. Pennyland is almost dead now. On IHUB, boards devoted to sports or politics still do well.
It's very lonely being a good investor here. LOL. Unlike many here, I'm not retired or unemployed. I'm spending a lot more time on SA and similar groups lately.
johnsyn
12 years ago
Guarantee you've met at least one, probably dozens, if not hundreds more that wouldn't touch a bond these days. Tech bubble burst long time ago, and has little to do with today's market, let alone new regulations and taxes. And I certainly don't get your assumptions about posters, and certainly a claim of 98% percent. Only thing close to true is pennystock gets the most interest in comments/postings, but IHub is a social site, nothing more. I post mostly market news to have "one-stop info center", doesn't matter if it is good or bad current event, to maybe save others a few hours of DD. Personally, don't care what anyone else thinks of the stock, REIT, MLP, etc., positive or negative. Nor do I believe much in TA, which does not take into consideration secretive non-public dealings and products, fiscal cliffs and Euro woes, Japanese earthquakes, and Bernie Madoffs, nor patents expiring, spinoffs or stock splits yet unannounced, nor shorter interest with ANY PR. It's a guideline, nothing more. Otherwise, stocks would always run the direction of the analysts. The wild market swings since last May cannot be used as a reasonable chart comparison, it's more about individual growth projections and financials, and comparing with competitors than S&P or DOW. DOW is down 30 points today, I'm "up 10 points" equivalent. Retail investors are not as stupid as you contemptuously portray.
MVO doing fine for me. (and others)
johnsyn
12 years ago
Amen. I certainly would never listen, let alone respond to a person who can't communicate without an attempt to belittle investors in their comments. Not worth my time to deal with such people, like you, I've gotten quite wealthy with my market methods and have no use for people who think they know better than me what to do with my money. Especially anyone involved with bonds in this day and age, LOL. MVO has at least another 10 years before the trust expires and is easily calculable on the return in that time to decide when to pull out. I take my news from news sources, not blogs and chatrooms.
johnsyn
12 years ago
MV Oil Trust Announces Trust Third Quarter Distribution
AUSTIN, Texas--(BUSINESS WIRE)--Oct. 5, 2012-- MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the third quarterly payment period ended September 30, 2012.
Unitholders of record on October 15, 2012 will receive a distribution amounting to $8,625,000 or $0.75 per unit payable October 25, 2012.
Volumes, price and Net Profits for the payment period were:
Volume (BOE) 226,644
Proceeds (per BOE) $ 80.71
Gross Proceeds $ 18,292,476
Costs $ 7,210,025
Net Profits $ 11,082,451
Percentage applicable to Trustβs 80%
Net Profits Interest $ 8,865,961
MV Partners reserve for capital expenditures $ 0
Total cash proceeds available for the Trust $ 8,865,961
Provision for estimated Trust expenses $ (240,961 )
Net cash proceeds available for distribution $ 8,625,000
This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended September 30, 2012. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, and other risk factors described in the Trustβs Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.
Source: MV Oil Trust
MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mike Ulrich, 855-802-1094
johnsyn
12 years ago
No matter who wins, IMO, it will do well. Speculators on the liberal winning, figure money will still be sent to other countries for them to develop their oil like Brazil, keep it away from U.S. soil, for both environmentalists AND redistributing world wealth. If Romney wins, people will bet he'll make a bigger mess of the middle east before it gets better. You?
Timothy Smith
12 years ago
Of all of the MLPs that I'd been tracking, particularly in the oil and natural gas space, MVO looked the most attractive in terms of its payout ratio and recent dividend (distribution) growth history.
When its price took a steep dive in the May-to-June timeframe, it looked like the right time to pick some up, which I did in mid-June, and then I picked up a bunch more a week later after the price had slid even further.