Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?

To: stuffbug who wrote (37636)	1/31/2019 8:09:02 PM
From: MCsweet	1 Recommendation Recommended By recoveringlurker Read Replies (1) \| Respond to of 52143

Re: Bought Tsakos TNP-C 8.875% coupon preferred @$24.95. Issue is past call and You mean the ones like J. Mintzmeyer who have been pounding the table for SBLK and CPLP both trading way down and still near 52-week lows? You and they could very well be right, but at least a bit of speculation in this in my view. Shippers continually forecast high rates and then build too many ships and the rates stay low. An economic slowdown could do the trick as well. Reminds me of the Warren Buffett quote When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact Substitute management for analyst :) MC