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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Grommit who wrote (47851)	5/8/2012 4:37:41 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78666

Reiterating, I like PNNT among the several BDC's I own (which includes ARCC). Stock cratered mightily in '08: finance.yahoo.com Dividend (distribution) was never cut though. Only increased: finance.yahoo.com Hard to get everything with a stock, and with PNNT already yielding over 11% annualized ($1.12/$10), I don't expect much capital gains, or growth in book value. Growth in stated bv has been minimal or non-existent (hovering slightly above $10 past few years). Because stated bv seems to be holding steady -- and at least not decreasing year over year, it gives me some indication that the relatively large distribution I have got and am getting is not significantly made by giving me a return of my capital. If there were to be another credit crunch, it's possible that PNNT and its access to, and history with, SBA monies, and the government perhaps wanting to make getting loans easier for small companies, PNNT might still have more ability to get even more SBA monies to loan out to these cash-strapped companies. Which might put PNNT in a good situation compared to banks or other financial entities. Stock could of course fall further from its current price, as it has in past. I notice one insider has confidence to step up for some shares though recently: finance.yahoo.com

To: Grommit who wrote (47851)	5/9/2012 10:06:08 AM
From: E_K_S	Respond to of 78666

Cliffs Natural Resources Inc Co (NYSE: CLF) CONSOL Energy Inc. Common Stock (NYSE: CNX) Hi Grommit - Good to know that you find CLF of value. I own CNX that has similar coal assets but also owns NG assets that are being jointly developed by Noble. I like that CLF pays a higher dividend (4.5%) and is diversified in Canada and Australia. I was going to add to my CNX at 10% lower price but I think now I will buy a starter position in CLF. CLF sells 45% below it's GN value of $80.66. I have a GTC order to pick up a starter position at $50.42/share. Will add more shares if it trades down to it's 2011 low around $46. CLF is a pure play in coal and a good addition to my other natural resource stocks. EKS