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

To: Elroy who wrote (69289)	12/10/2021 4:38:04 PM
From: E_K_S	Read Replies (1) \| Respond to of 78464

*".... stellar management"* Been in UAN for many years (even before their last acquisition) and would say management is just average. That observation is based on their prior 5 year operation history where they lost money! That said, with any cyclical company during the "up cycle" should shovel in the money. Hope they can book very large gains to help them through the slow periods that will eventually come. FWIW Still own all my shares w/ a few very small sales this year at/above $81/share. Ugg! Now must deal w/ the dreaded K1 completing that schedule to figuring out my cost basis on the FIFO shares sold (depreciation recapture so I can pay gains at ordinary income tax rates). . . . and Turbo Tax does not do that recapture calculation correctly unless you fool the software to post the correct ordinary income. ------------------------------------------------- Already started to work on 2021 taxes specifically preparing the income/expense for my income property. No depreciation recapture but have a few expenses that must be depreciated rather than expensed or added to the property cost basis. MLP accounting is similar but the MLP calculates your cost basis for each share you eventually sell (that includes the accumulated depreciation subject to recapture).

To: Elroy who wrote (69289)	12/11/2021 5:05:53 AM
From: bruwin	Read Replies (1) \| Respond to of 78464

Yes, I know his price numbers are correct. But he's looking at a time stretching back ~9 YEARS when UAN was at $250($25) a share. A lot can happen over that time period that may have little, or no, bearing to a CURRENT situation of a stock in the Market place ..... IMO, what needs to be better considered and evaluated is to why there's been an over 330% rise of UAN's price in less than 12 months. That, in turn, could certainly have something to do with the 1:10 Reverse Split which took place RIGHT AT THE START of the above mentioned rise in its price. And when one considers the "Key Takeaways" of a Reverse Split, and one bears in mind Carl Icahn's "involvement" with UAN via CVR and the points below, it could very well be that it goes some way to contributing to that major recent rise in UAN's price. But, hey, you've been the major promoter of UAN on this board, so maybe you are better placed to zero in on these recent events and major price surges .......