Unintentionally Hilarious Ticker Symbols (not MOO)

"Here's a toast to getting the hell out of Shickshinny!"

Some companies might have been smoking a little of green stuff, considering some of the oh-so-clever and unintentionally ticker symbols  Others, on the other hand, might have needed to. At one time, the thought here at 101C was that the new proliferation in marijuana stocks might lead to some creative ticker-naming.  'Twas not to be.  BONG is not, as it turns out, a chain of medical pot dispensaries with branches in Colorado and Washington, but  an eminently sensible Swedish packaging company, making environmentally responsible gift boxes out of leftover meatballs and herring bones.  POT is a Canadian mining giant, and not an unattractive dividend stock, for those unmindful of the commodities cycle and with a strong stomach for … [Read more...]

There’s Money in Them Thar Mortgage REITs… Or so It Would Seem

* "a substantial amount of ARMs"  ... hehehehe

Set a Google Finance stock screen for a few fun parameters like high profit margin, and you're in for an enjoyable afternoon of sieving through balance sheets and income statements.  Fun for people like recovering PF bloggers looking to write a semi-coherent post on how plunk down a few thousand on a steadily profitable, high-net margin, dividend-paying equity. Right, then... Set the control criteria for a Net Profit Margin of 20% to 50%, a 52-week stock price change of no more than -10% to an upside of 35%, dividend yields from 2% to 15%, and a price-to-earnings ratio varying from 10 to 15.  Throw in a market capitalization range from $40M to less than $1 Billion - because we believes that small-caps are more nimble and profitable … [Read more...]

“Unsold” Cars and Fun With Stock Screens

... wouldn't mind finding this at a country auction...

Gloom-and-doom sentiment abounds on the internet. You can stumble across it with not even a diligent search.  A click here and there, and eventual perambulations resulted in a look-see at this alarming article from ZeroHedge: Where the World's Unsold Cars Go To Die Lots and lots of photos, mostly of staging areas at ports around the world, including Baltimore USA and Civitavecchia in Italy, some taken through Google Earth, some from regular stock photos. The basic premise of the "article"[1] is that since there are untold thousands (hundreds, even!) of parked cars in these areas, that new cars aren't selling well or fast enough.  *NO ONE* is buying new cars.  New cars are beyond the reach of the SHRINKING middle class.  … [Read more...]

Make Tons of Money! Invest in the Higher Cost of Food! Do it Now!

higher cost of food

Food prices must be going up, at least according to headlines. The 101Centavos Gmail inbox runneth over Google's news alerts set to the "rising food prices" keywords. What used to be maybe a weekly update, and mostly concerned with onion prices in India and Pakistan (onions must be a big deal there), now it's a daily ping. For example, from an American newspaper of record, the Wall Street Journal: Rising Food Prices May Cause Consumer Indigestion From the BBC:  Affordable healthy diet 'too expensive for many' And forget about fast food:  Chipotle's price hike may mean pricier burritos for steak lovers Sure, grocery prices at the market are going up and up, with the root causes being both varied and predictable.  From … [Read more...]

Coffee Break: Nu Skin Gets Flayed in China

"Laurette with a coffee cup" - Henri Matisse  (Laurette was quite the saucy little maid!)

    An irregular enough series here on USA Financial Service. A collection of short blog posts dredged up from half-finished ideas in the Drafts file, thrown up against the wall in between bursts of sparkling creativity and complete blockage, marking time between longer and better-crafted blog posts. Other examples of 101C coffee breaks can be found here and here. Small wonder finance types are booo-ring, what with the dry-as-dust reportage in the major financial news media. Nu Skin got the Chinese foreign-devil treatment the other day, beaten like a red-headed, drum-shaped stepchild, and all the major outlets could come up with was: Financial Times: China investigates US's Nu Skin over pyramid scheme … [Read more...]

The Stock Market Is STILL Stupid And Irrational

met Sheri McCoy, the new CEO

The "rational market" myth is a favorite whipping boy for pundits, experts and web editors in dire need of content. Easy to whip out 500 words equating the silliness of human emotional decisions with the wild swings of the purportedly efficient market. We're no different here at 101C. Between packing for next week's trip to fish-and-chips territory and sundry other schedule-suckers, time's at a premium, so here we are. The last time we ran with a post title like this, it was on the moronitude of KiOR and cellulosic ethanol. This time we'll go with Avon and Nuskin. We last saw Avon (NYSE: AVP) in "Dogs of the Dow? This Stock Is One Sick Puppy". The need to check in with Avon has been poking its snout around the corner like a dog … [Read more...]

BDCs… They’re Not Underwear. But They Do Pay Dividends.

For The Ladies... Remember this ad?

No, it's not underwear we're talking about. That would be BVDs - which, thanks to the wonders of information-age Wikipedia, stands for "Bradley, Voorhees & Day, the New York City firm that initially manufactured underwear of this name for both men and women." Not talking 'bout neoprene BCDs, either.  You scuba divers, PTF down*.  No one's interested in hearing you drone on and on about the merits of one Buoyancy Control Device brand over another, and your YOLO scuba-diving trip to Belize. No, BDCs are Business Development Companies, a class of dividend investment as unknown as REITs were in the 90's. Raise your hand if you're a personal finance blogger and you've heard of them before. Anyone?  Bueller? OK, here we … [Read more...]

Investing in Farmland

Corn Production in Colorado

The world is fast running out of food, water and natural resources. We're all gonna die. Eventually, sure.  But not just yet. In the meantime, there's no reason we can't make a buck or two, or at least not lose a buck or two. I've long had on my radar screen an Argentinean agricultural company, Cresud S.A.C.I.F. y A. (CRESY: Nasdaq).  I wrote about them on this blog last year, saying that I was still on the fence about investing in farmland, albeit indirectly. Even though the stock pays a not-too-shabby 2% yearly dividend, I thought I could wait and see if there were better places to invest.  And as it turned out, there was. Just a little more digging (pun!) brought up Adecoagro SA, a farmland operator in Argentina and … [Read more...]

A Hoedown with Redneck Dividends


Rednecks can sure have throw themselves a party... 4-wheelin' in the mud, shootin' clays, cases and cases of Bud make for a hootin' hollerin' good time. That sub-set of dividend-paying stocks in our retirement portfolio with a certain piquant rednecky taste have been on a tear of late.  The whole mess of 'em are up about 10% since the last update October last year. That's only a few percentage points better than the S&P500, allowing for re-invested dividends.  Not enough to crow about, but enough to be smug about when dogging on the uselessness of mutual fund managers. There's a few more mullet haircuts bellying up to the bar: Southern Company got the nod simply because of its name. How's that for irrational … [Read more...]

Why Air Products and Not G.E.? A Heart Warming Dividend Story…

A typical turbine silencer... big stuff.

Why invest in Air Products and Chemicals and not General Electric? One, a not-so-very-well-known producer of industrial gases, and the other the bluest of blue chip stocks, originator of the Six Sigma management system, and former home of His Excellency El Jefe Guruswamy, Jack Welch? Is it because the numbers are better with APD versus GE?  No, ADP is only slightly better, and its dividend yield is even less than GE.  PE about the same (17.85 for ADP vs. 16.07 for GE), net income roughly equal (GE gets the nod, although they enjoy a lower tax rate), and dividend payout also the same, slightly over 50% for both. Is it because General Electric is an unabashed crony-capitalist political entrepreneur and "perennial government ward" (to … [Read more...]