Gersh; RE:" HeartBeatz "
>Do these "heartbeats" match the rate of the Fed board of gov. meetings?? (^_^)
no man, this be da ex-dividend date boogie-woogie: beat me daddy, 4 to the bar, uh - year.
no chit, man - pull up a chart of DTD - Detroit Edison 8.5% QUIDS and lemme walk you through this tune.
now dig. DTD pays USD $2.125 as $0.53125 4x a year. The silly thing orbits around 25.375 nominal = 8.374% APR yield.
ok, now da down-beat begins tomorrow, ex-dividend day; target = 25.125 +/- 0.125 which is 8.45771% APR yield. If you can get it at 25, you got a cool 8.5% yield with a 1/8 point downside and > 99% probability of making 1/2 point upside before the next ex-dividend date. Scalp City, man.
Now da DTD up-side target = 25.625 +/- 0.125 which is 8.29268% APR yield. Watch dis thing for a few daze, man - if you can grab it at or below downside target, hey - WTH - scalp it.
other "tradeable phenomena"...
KPC - Kentucky Power 8.72% Series A
dis one pays USD $2.18 as $0.545 4x a year. The silly thing orbits around 26 nominal = 8.385% APR yield. DownBeat begins tomorrow, ex-dividend day; target = 25.75 +/- 0.125 which is 8.466% APR yield. If you can get it at 25.625 you got 8.507% yield with little downside risk and > 99% probability of makin' 1/2 point before the next ex-dividend date. Upside target = 26.25 +/- 0.125 which is 8.305% APR yield. It's a buy at/below 25.75
UND - Unum Corp DEBS
dis one pays USD $2.20 as $0.183333 12x a year, So it's a true boogie-woogie beat me daddy, 12 to the bar kinda tune. Orbits around 26 at 8.462% APR yield. Da ex-dividend DownBeat begins tomorrow and Downside target = 25.875 +/- 0.0625 which is 8.502% APR yield. UpSide target = 26.125 +/-0.0625 at 8.421% yield. Kinda hard to scalp dis tune without mucho dinero en el banco -- but not a bad place to park cash, either ( DATEK margin rate is 7% ;-) Doncha wish ya could lay yer mits on some o' dat 0.25% Japanese dinero and stuff it into dis thing ? Hey - call me a hedge fund, roll me over, bail me out (^_^)
-Steve |
