October 21st marks the six-month anniversary of Prudent Speculations. It has been a great adventure and it has helped me to solidify my own personal investment thesis on many of the stocks that I personally follow. In the six months that I have been operating the blog I have had nearly 15,000 visitors from every state of the Union and from over 90 countries.
While it has been difficult at times to keep the blog as up-to-date as I would have liked with my commitments to the real world, it has nonetheless been well worth every ounce of my effort. Prior to starting Prudent Speculations, I had been a long time reader of financial blogs via SeekingAlpha.com and as a result I have come to greatly appreciate all the work that the bloggers in the investment community put forth so that we may all be a little more educated on the relevant topics of our times. For all those that have ever thought of starting a financial blog to talk about investing, the economy or their general opinions on the state of the financial markets, I would highly encourage it as we all benefit from each others efforts. Below I have compiled some of my favorite articles, for those new to Prudent Speculations, these articles would be a great place to start if you ever wanted to get a sense of the type of investor that I am.
Top Five Blog Posts by Number of Visitors
- Resource America: Unfairly Punished by the Credit Crunch
- Finding Value in Atlas America (ATLS)
- Finding Morgan Stanley’s Suitor
- The “Texas Ratio” and FirstFed Financial
- Multiple, Margin Expansion at Dow Chemical
My Favorite Blog Posts
- What Have You Done Jamie Dimon?
- Midstream MLPs: Defensive Sector Crashing with the Market
- Defining the California Ratio
- Quest Resources: A Marcellus shale Sleeper Play & More
- Understanding First Marblehead’s Bank
- From Blue Chip to Mediocrity: The AIG story
Notable Mentions of Prudent Speculations in the "Official" Media
- Portfolio.com’s WaNo
- Portfolo.com’s All the Way to the Banks
- Thestreet.com’s Is Cramer Underestimating Atlas Energy?
- Yahoo Finance’s The Week’s Best Stock Blogs
In the next six months, I hope that I will be able to expand the number of postings that I have been putting up while maintaining the same kind of quality that I believe has been a characteristic of my postings during my first six months. To all of those that have subscribed by Feedburner, Email or SeekingAlpha, I want to let you know how much I appreciate you taking the time to read my ramblings on a semi frequent basis. Feel free to reach out to me at the blog's email, which can be found on the left sidebar.
Going forward, in an effort to provide a public forum by which my performance can be tracked, I have set up a virtual account at the updown.com, a widget can be found at the bottom of this webpage that should show the performance of this mock account. Generally speaking, I will divide the mock account into 20 separate holdings. These stocks will be ones that I have talked about in the blog and others that I find attractive. Please shoot me an email for the updated list of stocks in the mock account. Best of luck to all in these trying times and I hope that you continue to make Prudent Speculations a part of your investment research.

6 comments:
I will appreciate if you write something about QRCP again. The stock is so low these days that I can imagine making more money in the worst case scenario - liquidation fire sell. Are you still positive about Quest?
Anonymous, as you requested:
http://prudentspeculations.blogspot.com/2008/10/qrcp-at-mercy-of-its-banks.html
Thank you very much !!!
Any thoughts on the APL move today? Seems both APL & AHD were taken out and slaughtered. I couldn't figure what was going on all day. I guessed it was a hedge fund or something closing down since the volume was tremendous and relentless even as the price continued to drop. Additionally AHD was up nicely, and ATLS was hanging in positively most of the day as well.
This evening I saw a piece about APL being downgraded by Citi Investment Research analyst John Tysseland. The thing is, they quote the guy talking about the price of crude and if crude is below $60 for an extended period it could violate debt covenants. Huh!?! APL is a nat gas pipeline. What's that got to do with the price of crude? They make their money on ng volumes, no? And I guess I haven't done enough research because I didn't know their debt load was an issue.
So I am now thinking between Tysseland and myself, one of us is an idiot. I hope it's not me, but given the price action of APL this fall, and today in particular, I'm humble enough to take blame if appropriate.
On the other hand, I remember gritting my teeth and buying LINE at $11.10, only to find out later, after the stock recovered to the $15-16's that their biggest unit holder, Lehman was liquidating.
Meant to say ATN was the one up nicely...
Tysseland is probably right about APL and the impact of the price of oil on the company's distribution. The question is whether or not he is correct on the trajectory of the price of oil. By my calculations APL should be able to pay-out 3.20ish at $70 a barrel and probably needs oil to be at 85 to maintain its current pay-out.
The company's issues appear to have developed from not being entirely hedged. That being said they have taken quite a beating.
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