Investment Ideas

Grant’s Interest Rate Observer strives to produce rigorously researched and thoroughly analyzed investment ideas. Herewith, a sampling from the not-too-distant past. Paid-up subscribers, please click on the article title in the “Headline” Column to download the entire story.

Avianca Holdings SA
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AVH@US  |  August 7, 2015  |  Global verbiage glut

Opportunities in places you may not care to visit.

Blackstone Group L.P.
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BX@US   |  July 27, 2012  |  Opportunism still knocks

A subscriber laments, "the markets are so screwed up, with systematic interference with price discovery going on. How do you run a bank in this environment? Bank equities offer levered exposure to mispriced, distorted credit markets. It's difficult to have confidence in longs." Amen to that, but a cheap stock is a cheap stock.

Fleetwood Corp.
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FWD@AU   |  July 13, 2012  |  The People's Outback

Chinese banks are ramping up their lending in Australia, while Wayne Swan, the Australian treasurer, petitions Beijing to make the Australian Dollar directly convertible into the Renminbi. Homing in on an Australian company that seems especially exposed to Chinese disappointment.

General Motors
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GM@US   |  August 10, 2012  |  Bullish on the one with the hair

Mr. Market is as fed up as anyone with this once-mighty corporate edifice, whose stock is seemingly valued for every contingency except good news. The question, therefore, is not whether a certain disfavored automaker is driving on economic black ice, but whether the market has adequately, or more than adequately, discounted that known risk.

Google
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GOOG@US   |  July 27, 2012  |  Human progress at a market multiple

We live in a technological golden age but in a monetary and fiscal dark age. While physicists discover the so-called God particle, governments print and borrow by the trillions. Science and technology may hurtle forward, but money and banking race backward. Now underway is an attempt to resolve the investment tension between technological progress and financial retrogression.

General Shopping Brasil S.A.
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GSHP3@BZ  |  August 7, 2015  |  Global verbiage glut

Opportunities in places you may not care to visit.

Moscow Exchange
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MOEX@RX  |  August 7, 2015  |  Global verbiage glut

Opportunities in places you may not care to visit.

Grupo Nutresa SA
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NUTRESA@CB  |  August 7, 2015  |  Global verbiage glut

Opportunities in places you may not care to visit.

Rackspace Hosting
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RAX@US   |  January 25, 2013  |  In case the music stops

Institutionally sponsored bearbaiting arrived on Wall Street with the Jan. 3 debut of a financial instrument created to punish the short sellers. Probably, Deutsche Bank wouldn't have marketed its creation unless its clients asked, and its clients wouldn't have asked unless they were very bullish. Never go unhedged.

Restoration Hardware Holdings
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RH@US  |  January 23, 2015  |  House of mirrors

Ultra-low interest rates have facilitated bloated inventories and grandiose building plans at a certain high-end retailer. When the roof caves in the aggrieved bulls can take their complaints, or some of them, to Janet Yellen.

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Company Ticker Issue Date Print Headline
Avianca Holdings SA AVH@US Aug. 7, 2015 Global verbiage glut
Blackstone Group L.P. BX@US Jul. 27, 2012 Opportunism still knocks
Fleetwood Corp. FWD@AU Jul. 13, 2012 The People's Outback
General Motors GM@US Aug. 10, 2012 Bullish on the one with the hair
Google GOOG@US Jul. 27, 2012 Human progress at a market multiple
General Shopping Brasil S.A. GSHP3@BZ Aug. 7, 2015 Global verbiage glut
Moscow Exchange MOEX@RX Aug. 7, 2015 Global verbiage glut
Grupo Nutresa SA NUTRESA@CB Aug. 7, 2015 Global verbiage glut
Rackspace Hosting RAX@US Jan. 25, 2013 In case the music stops
Restoration Hardware Holdings RH@US Jan. 23, 2015 House of mirrors
Sberbank SBER@RX Aug. 7, 2015 Global verbiage glut
iStar Financial SFI@US Dec. 14, 2012 Well-marked book
Unum Group UNM@US Oct. 28, 2016 Disabled no more
Valeant Pharmaceuticals International VRX@US Mar. 7, 2014 Drug dealer
The most recent two years of investment ideas are only available to paid-up subscribers. (Please log in.)
Hyundai Motor
005380@KS Dec. 13, 2013 Preferred by more
Hyundai Motor Co., preferred
005387@KS Sep. 21, 2012 Uncommonly preferred
Hang Seng Bank Ltd
11@HK Nov. 11, 2016 Banking on Turmoil
Zoomlion
1157@HK Jun. 14, 2013 Beijing to Sydney
Zoomlion
1157@HK May. 18, 2012 Made in China
China Cinda Asset Management Co.
1359@HK Jan. 24, 2014 Heretofore unimagined
Prada SpA
1913@HK Jun. 15, 2012 Time piece
Ping An Insurance Group Co.
2318@HK Feb. 6, 2015 Essence of China
Fosun International Ltd.
656@HK Sep. 30, 2016 One-stock ETF
Daishi Bank
8324@JT May. 6, 2016 Made (up) in Japan
Shizuoka Bank
8355@JT May. 6, 2016 Made (up) in Japan
Nanto Bank
8367@JT May. 6, 2016 Made (up) in Japan
Barrick Gold
ABX@US Mar. 6, 2015 Last to first
AllianceBernstein Income Fund
ACG@US Sep. 4, 2015 10% off sale
AerCap Holdings NV
AER@US Apr. 17, 2015 Radical negative one
Allergan Inc.
AGN@US May. 2, 2014 Sacrificial creditors
AGNC Investment Corp.
AGNC@US Oct. 16, 2015 Postscript to value
AGNC Investment Corp.
AGNC@US Nov. 28, 2014 Preferred income
AGNC Investment Corp.
AGNC@US Oct. 17, 2014 Yield times four
AGNC Investment Corp.
AGNC@US Dec. 13, 2013 The price is wrong
AGNC Investment Corp.
AGNC@US Aug. 9, 2013 Quartered and drawn
AGNC Investment Corp.
AGNC@US Jun. 28, 2013 Revenge of the invisible hand
AGNC Investment Corp.
AGNC@US May. 17, 2013 Pole-vault yields
AGNC Investment Corp.
AGNC@US Feb. 22, 2013 Oases of income
AGNC Investment Corp.
AGNC@US Nov. 16, 2012 The votes are in
AGNC Investment Corp.
AGNC@US Oct. 5, 2012 Calm before the storm
Adecoagro S.A.
AGRO@US Jun. 3, 2016 Popular Pariahs
Ashtead Group plc
AHT@LN Oct. 28, 2016 Keep selling it
Ashtead Group plc
AHT@LN Jul. 15, 2016 Borrow to rent
Allison Transmission Holdings Inc.
ALSN@US May. 20, 2016 Transmission mechanism
Advanced Micro Devices
AMD@US Aug. 7, 2015 Fault lines in credit
Amazon.com
AMZN@US Jan. 24, 2014 So close to the sun
Africa Opportunity Fund
AOF@LN Jan. 27, 2012 Above its weight
Apollo Global Management
APO@US Apr. 19, 2013 Complexity made simple
Ares Capital Corp.
ARCC@US Oct. 16, 2015 Constructive developments
Ares Capital Corp.
ARCC@US Nov. 28, 2014 Preferred income
Ares Capital Corp.
ARCC@US Oct. 3, 2014 Yield on sale
Ares Capital Corp.
ARCC@US Oct. 19, 2012 Ben Bernanke kicks Snoopy
Altice N.V.
ATC@NA Oct. 2, 2015 Frontiers of junk
athenahealth
ATHN@US Apr. 17, 2015 Radical negative one
Atwood Oceanics
ATW@US Mar. 11, 2016 For the un-meek
Avianca Holdings SA
AVH@US Aug. 7, 2015 Global verbiage glut
HomeAway
AWAY@US Mar. 6, 2015 Get out of town
Accelerate Diagnostics
AXDX@US Apr. 3, 2015 Use as directed
Amrep Corp.
AXR@US Nov. 30, 2012 Land rush
Alibaba Group Holding Ltd
BABA@US Apr. 22, 2016 Short and a long
Credicorp Ltd.
BAP@US Jun. 28, 2013 Revenge of the invisible hand
BASF SE
BAS@GY Jun. 1, 2012 Bubble in safety
BlackRock Taxable Municipal Bond Trust
BBN@US Sep. 4, 2015 10% off sale
Banco Bilbao Vizcaya Argentaria SA
BBVA@SM Jul. 15, 2016 European scavenger hunt
Boulder Brands
BDBD@US Nov. 15, 2013 Introducing the Grant's Story Stock Index
Franklin Resources
BEN@US Sep. 4, 2015 Almighty ringgit?
Franklin Resources
BEN@US Jul. 11, 2014 Sell to whom?
Blackstone/GSO Strategic Credit Fund
BGB@US Sep. 4, 2015 10% off sale
BlackRock
BLK@US Sep. 30, 2016 House of fads
Ball Corp.
BLL@US Oct. 28, 2016 Kicking the can
Bank of Nova Scotia
BNS@CN Jul. 12, 2013 Unsafe havens
BOK Financial
BOKF@US Mar. 11, 2016 Trade closed
BOK Financial
BOKF@US Nov. 27, 2015 Banking on energy
Bank of Queensland
BOQ@AU Jun. 14, 2013 Beijing to Sydney
Bank of Queensland
BOQ@AU Mar. 22, 2013 Banking on China
Blackstone/GSO Senior Floating Rate Term Fund
BSL@US Sep. 4, 2015 10% off sale
Babcock & Wilcox Co.
BWC@US May. 3, 2013 Nuclear option
Boardwalk Pipeline Partners
BWP@US Mar. 7, 2014 Under the Boardwalk
Boardwalk Pipeline Partners
BWP@US May. 4, 2012 Gas-fired income
Blackstone Group L.P.
BX@US Oct. 17, 2014 Yield times four
Blackstone Group L.P.
BX@US Feb. 22, 2013 For the unrepressed
Blackstone Group L.P.
BX@US Jul. 27, 2012 Opportunism still knocks
Blackstone Mortgage Trust
BXMT@US Jul. 29, 2016 Speculating for income
Blackstone Mortgage Trust
BXMT@US Nov. 29, 2013 Plugging for 9%
Canadian Apartment Properties Real Estate Investment Trust
CAR-U@CN May. 20, 2016 Yield from hunger
CBL & Associates Properties
CBL@US Nov. 13, 2015 Over here, Carl Icahn!
CBL & Associates Properties
CBL@US May. 15, 2015 The only game
Cameco Corporation
CCO@CN Mar. 22, 2013 Nuke ‘em
Cullen/Frost Bankers
CFR@US Mar. 11, 2016 Trade closed
Cullen/Frost Bankers
CFR@US Nov. 27, 2015 Banking on energy
Richemont SA
CFR@VX Jun. 15, 2012 Time piece
Bancolombia SA
CIB@US Jun. 28, 2013 Revenge of the invisible hand
CIT Group
CIT@US Nov. 2, 2012 Thanks, Mr. Market
Seacor Holdings
CKH@US Nov. 11, 2016 Opportunity droops
Seacor Holdings
CKH@US Mar. 25, 2016 Investment value—“on”
Clean Harbors, Inc.
CLH@US Feb. 7, 2014 Deal us out
CME Group
CME@US Oct. 31, 2014 Rise of the machines
Capstead Mortgage Corp.
CMO@US Jul. 29, 2016 Speculating for income
Capstead Mortgage Corp.
CMO@US Oct. 16, 2015 Postscript to value
Capstead Mortgage Corp.
CMO@US Nov. 28, 2014 Preferred income
Capstead Mortgage Corp.
CMO@US Oct. 17, 2014 Yield times four
Capstead Mortgage Corp.
CMO@US Aug. 9, 2013 Quartered and drawn
Cairn Energy
CNE@LN Mar. 20, 2015 Bullish even now
Cairn Energy
CNE@LN Jul. 13, 2012 Just in case
Casino Guichard Perrachon SA
CO@FP Jan. 15, 2016 Neither fish nor fowl
Conn’s Inc.
CONN@US Jan. 24, 2014 Paycheck to paycheck
Campbell Soup Co.
CPB@US Mar. 25, 2016 Sell Big Food
Constellation Software Inc.
CSU@CN Dec. 9, 2016 Past Performance, Inc.
Customers Bancorp, Inc.
CUBI@US Dec. 11, 2015 Interest rates by the clock
Calavo Growers
CVGW@US Jul. 24, 2015 Holy guacamole!
Danske Bank A/S
DANSKE@DC Jul. 12, 2013 Unsafe havens
Danske Bank A/S
DANSKE@DC Apr. 5, 2013 On the true meaning of Cyprus
Deere & Co.
DE@US Sep. 16, 2016 Worst is yet to come
Deere & Co.
DE@US Apr. 8, 2016 Dialing for dollars
Deere & Co.
DE@US Mar. 11, 2016 Borrow to plow
Destination Maternity
DEST@US Jan. 11, 2013 Returns to illiquidity
Detour Gold Corp.
DGC@CN Jun. 13, 2014 A million for Pierre
Quest Diagnostics
DGX@US Jul. 24, 2015 New diagnosis
Quest Diagnostics
DGX@US May. 29, 2015 Get your free money!
Quest Diagnostics
DGX@US Nov. 28, 2014 Quest and ye shall find
Deutsche High Income Opportunities Fund
DHG@US Sep. 18, 2015 Closed-end days
NOW Inc
DNOW@US Mar. 11, 2016 For the un-meek
Dorman Products
DORM@US Jan. 10, 2014 Collision course
Diamond Resorts International
DRII@US Dec. 11, 2015 Interest rates by the clock
DoubleLine Income Solutions
DSL@US Sep. 4, 2015 10% off sale
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD@US Sep. 4, 2015 Almighty ringgit?
Eaton Vance Municipal Bond Fund
EIM@US Sep. 18, 2015 Closed-end days
iShares JP Morgan U.S. Dollar Emerging Markets Bond ETF
EMB@US Sep. 4, 2015 Almighty ringgit?
iShares JP Morgan U.S. Dollar Emerging Markets Bond ETF
EMB@US Oct. 17, 2014 Yield to hope
Emmis Communications Corp.
EMMS@US Mar. 23, 2012 Not preferred
Endo International Plc
ENDP@US May. 29, 2015 Wire-pullers of the twenty-first century
ENI S.p.A
ENI@IM Oct. 18, 2013 Investing in Yellen
Empresa Nacional de Telecomunicaciones SA, ENTEL
ENTEL@CI Apr. 22, 2016 South of the border
Western Asset Emerging Markets Debt Fund
ESD@US Sep. 4, 2015 Almighty ringgit?
Enstar Group Ltd.
ESGR@US Jun. 13, 2014 Book’s closed
Euronav NV
EURN@US Apr. 3, 2015 Turn of the tide?
Evercore Partners Inc.
EVR@US Sep. 19, 2014 Sell advisory
Exor SpA
EXO@IM Jun. 15, 2012 Panic of the headline writers
Fastenal Co.
FAST@US Feb. 7, 2014 Unfasten it
Forest City Enterprises
FCE/A@US Jan. 23, 2015 Good news for a change
Forest City Enterprises
FCE/A@US Jul. 11, 2014 Just you wait
Forest City Enterprises
FCE/A@US Sep. 20, 2013 Forest and trees
Fortress Investment Group
FIG@US Oct. 16, 2015 Exit, Michael Novogratz
Fortress Investment Group
FIG@US Sep. 18, 2015 Unaccountably cheaper
Fortress Investment Group
FIG@US Nov. 14, 2014 Unaccountably cheap
Fairfax India Holdings Corp.
FIH/U@CN Feb. 6, 2015 Passage to capitalism
Financial Engines
FNGN@US Apr. 22, 2016 Advice at a price
Forestar Group
FOR@US Oct. 16, 2015 Acres of hope
Fondual Proprietatea
FP@RO Sep. 4, 2015 10% off sale
Fifth Street Finance Corp.
FSC@US Oct. 3, 2014 Yield on sale
Fifth Street Senior Floating Rate Corp.
FSFR@US Oct. 3, 2014 Yield on sale
Frontier Communications Corp.
FTR@US Oct. 2, 2015 Frontiers of junk
Fleetwood Corp.
FWD@AU Jun. 14, 2013 Beijing to Sydney
Fleetwood Corp.
FWD@AU Jul. 13, 2012 The People's Outback
Golub Capital
GBDC@US Oct. 16, 2015 Constructive developments
Golub Capital
GBDC@US Nov. 28, 2014 Preferred income
Golub Capital
GBDC@US Oct. 3, 2014 Yield on sale
Golub Capital
GBDC@US Dec. 13, 2013 The price is wrong
Golub Capital
GBDC@US Nov. 2, 2012 Reluctant optimist
Western Asset Global Corporate Defined Opportunity Fund
GDO@US Sep. 18, 2015 Yield to term
Goodrich Petroleum
GDP@US Nov. 28, 2014 Opportunity in confusion
Market Vectors Gold Miners ETF
GDX@US Jun. 28, 2013 Revenge of the invisible hand
Grupo Financiero Galicia
GGAL@US Jun. 3, 2016 Popular Pariahs
General Motors
GM@US Aug. 10, 2012 Bullish on the one with the hair
GATX Corporation
GMT@US May. 16, 2014 Couldn’t be better
Google
GOOG@US Jul. 27, 2012 Human progress at a market multiple
Goldman Sachs Group
GS@US Aug. 8, 2014 Yield to steepness
General Shopping Brasil S.A.
GSHP3@BZ Aug. 7, 2015 Global verbiage glut
Genesee & Wyoming Inc
GWR@US Jun. 14, 2013 Beijing to Sydney
Genesee & Wyoming Inc
GWR@US Mar. 23, 2012 Short a short line
Hancock Holding Co.
HBHC@US Mar. 11, 2016 Trade closed
Hancock Holding Co.
HBHC@US Nov. 27, 2015 Banking on energy
Hanesbrands Inc.
HBI@US Jul. 1, 2016 Inside Story
Halcon Resources
HK@US Nov. 28, 2014 Opportunity in confusion
Hallador Energy Co.
HNRG@US Jan. 15, 2016 Black as coal
Hallador Energy Co.
HNRG@US Jun. 12, 2015 Pessimism to burn
Hallador Energy Co.
HNRG@US Jan. 9, 2015 Christmas came early
Hallador Energy Co.
HNRG@US Nov. 29, 2013 Fuel least popular
Hospira
HSP@US Nov. 2, 2012 Thanks, Mr. Market
Hatteras Financial Corp
HTS@US Aug. 9, 2013 Quartered and drawn
Hatteras Financial Corp
HTS@US Jun. 28, 2013 Revenge of the invisible hand
Hatteras Financial Corp
HTS@US May. 17, 2013 Pole-vault yields
Hatteras Financial Corp
HTS@US Nov. 16, 2012 The votes are in
Western Asset High Yield Defined Opportunity Fund
HYI@US Sep. 18, 2015 Yield to term
Intercontinental Exchange
ICE@US Oct. 31, 2014 Rise of the machines
iShares International Treasury Bond ETF
IGOV@US Jul. 29, 2016 Speculating for income
Infosys
INFO@IN Jun. 14, 2013 BRIC-laying
InRetail Peru Corp.
INRETC1@PE Apr. 22, 2016 South of the border
Ironwood Pharmaceuticals
IRWD@US Apr. 3, 2015 Use as directed
Jazz Pharmaceuticals PLC
JAZZ@US Sep. 5, 2014 Narcolepsy blues
J.P. Morgan Chase
JPM@US Jul. 29, 2016 Speculating for income
Klondex Mines
KDX@CN Jan. 10, 2014 Nature's own bitcoin
Keryx Biopharmaceuticals
KERX@US Dec. 13, 2013 Just say no
Kraft Heinz Co
KHC@US Mar. 25, 2016 Sell Big Food
Deutsche High Income Trust
KHI@US Sep. 4, 2015 10% off sale
KKR & Co. LP
KKR@US Feb. 22, 2013 For the unrepressed
Kulicke & Soffa
KLIC@US Jan. 11, 2013 Returns to illiquidity
Kinder Morgan Inc.
KMI@US Sep. 20, 2013 We said, he said
Kinder Morgan Inc.
KMI@US Jun. 29, 2012 $2 and a dream
Kone OYJ
KNEBV@FH May. 1, 2015 Elevator going down
Kone OYJ
KNEBV@FH May. 30, 2014 Going down
Coca-Cola Co.
KO@US Mar. 9, 2012 Not so fast, Warren Buffett
Koppers Holdings
KOP@US Apr. 17, 2015 Value times three
Kilroy Realty Corp.
KRC@US Apr. 8, 2016 Wide open spaces
Kilroy Realty Corp.
KRC@US Oct. 2, 2015 Towers of deflation
KapStone Paper and Packaging Corp.
KS@US Nov. 25, 2016 Contain your enthusiasm
Kohl’s Corp.
KSS@US Feb. 8, 2013 Standing pat
Kohl’s Corp.
KSS@US Jan. 25, 2013 Call on prosperity
Kerry Group plc
KYG@ID Jul. 29, 2016 Corporate mystery meat
iShares J.P. Morgan EM Local Currency Bond ETF
LEMB@US Sep. 4, 2015 Almighty ringgit?
Lukoil OAO
LKOD@LI May. 16, 2014 From Russia with value
Lumber Liquidators Holdings
LL@US Sep. 6, 2013 Floor to ceiling
Lumber Liquidators Holdings
LL@US May. 17, 2013 Puts on Ph.D.s
Lincoln National Corp.
LNC@US Jun. 14, 2013 Rooting rates higher
LifeLock
LOCK@US Jul. 24, 2015 Toss away the key
LifeLock
LOCK@US Feb. 6, 2015 Not such a lock
Dorian LPG Ltd.
LPG@US Aug. 12, 2016 Dorian gray
Dorian LPG Ltd.
LPG@US May. 30, 2014 All ahead full
iShares iBoxx $ Investment Grade Corporate Bond Fund
LQD@US Jun. 27, 2014 ‘Doesn’t have to be a reason’
Methanex Corp
MEOH@US Feb. 20, 2015 Mistaken identity
MetLife
MET@US Jun. 14, 2013 Rooting rates higher
MetLife
MET@US Oct. 19, 2012 Ben Bernanke kicks Snoopy
Metal Constructions of Greece (Metka)
METTK@GA Oct. 19, 2012 Greek bearing news
MFA Financial Inc.
MFA@US Nov. 16, 2012 The votes are in
MGM Energy
MGX@CN May. 17, 2013 Puts on Ph.D.s
Mastech Holdings
MHH@US Nov. 30, 2012 Above their weight
Middleby Corp.
MIDD@US Dec. 23, 2016 Out of the kitchen
Middleby Corp.
MIDD@US Jun. 17, 2016 Waiter, the check
3M Co
MMM@US Oct. 4, 2013 Assets less crummy
Monadelphous Group
MND@AU Jun. 14, 2013 Beijing to Sydney
Monadelphous Group
MND@AU Mar. 8, 2013 China sneezes
Monadelphous Group
MND@AU Jan. 13, 2012 The Big 'However'
MannKind Corp.
MNKD@US Apr. 3, 2015 Use as directed
Monmouth Real Estate Investment Corporation
MNR@US Nov. 28, 2014 Preferred income
Monmouth Real Estate Investment Corporation
MNR@US Jun. 27, 2014 FedEx’s little friend
Moscow Exchange
MOEX@RX Aug. 7, 2015 Global verbiage glut
Moscow Exchange
MOEX@RX Aug. 8, 2014 For the outcasts
MGIC Investment Corporation
MTG@US Jul. 24, 2015 On the rebound
Northern Dynasty Minerals
NAK@US Sep. 20, 2013 Not so golden
Northern Dynasty Minerals
NAK@US Mar. 8, 2013 Metals redux
Northern Dynasty Minerals
NAK@US Jan. 25, 2013 Gold by the share
Nordic American Tankers Ltd.
NAT@US Apr. 3, 2015 Turn of the tide?
North Atlantic Drilling Ltd.
NATDF@US Dec. 12, 2014 Baiting a hook
North Atlantic Drilling Ltd.
NATDF@US Sep. 19, 2014 Heavy seas
North Atlantic Drilling Ltd.
NATDF@US Sep. 5, 2014 Three amigos
North Atlantic Drilling Ltd.
NATDF@US Jul. 12, 2013 Stormy weather
Nuveen Build America Bond Fund
NBB@US Sep. 18, 2015 Yield to term
Nuveen Build America Bond Opportunity Fund
NBD@US Sep. 18, 2015 Yield to term
National Commercial Bank
NCB@AB Aug. 12, 2016 Hostile banking
Nordea Bank AB
NDA@SS Apr. 5, 2013 On the true meaning of Cyprus
Nestle SA
NESN@VX Jun. 1, 2012 Bubble in safety
NovaGold Resources
NG@US Oct. 30, 2015 Rock-paper-scissors
NovaGold Resources
NG@US Jan. 10, 2014 Nature's own bitcoin
NovaGold Resources
NG@US May. 17, 2013 Puts on Ph.D.s
New Gold
NGD@US Jun. 13, 2014 A million for Pierre
New Gold
NGD@US May. 18, 2012 Bid wanted—please!
Annaly Capital Management
NLY@US Nov. 28, 2014 Preferred income
Annaly Capital Management
NLY@US Oct. 17, 2014 Yield times four
Annaly Capital Management
NLY@US Dec. 13, 2013 The price is wrong
Annaly Capital Management
NLY@US Aug. 9, 2013 Quartered and drawn
Annaly Capital Management
NLY@US Jun. 28, 2013 Revenge of the invisible hand
Annaly Capital Management
NLY@US May. 17, 2013 Pole-vault yields
Annaly Capital Management
NLY@US Feb. 22, 2013 Oases of income
Annaly Capital Management
NLY@US Apr. 6, 2012 Like typos
National Oilwell Varco
NOV@US Mar. 11, 2016 For the un-meek
Grupo Nutresa SA
NUTRESA@CB Aug. 7, 2015 Global verbiage glut
Ocean Bio Chem
OBCI@US Nov. 30, 2012 Above their weight
Gazprom OAO
OGZD@LI May. 16, 2014 From Russia with value
Owens-Illinois
OI@US Apr. 17, 2015 Value times three
Opko Health
OPK@US Nov. 15, 2013 Introducing the Grant's Story Stock Index
Pan American Silver
PAAS@US Jun. 17, 2016 Just enough hair
Pan American Silver
PAAS@US May. 15, 2015 Balance-sheet story
Pan American Silver
PAAS@US May. 18, 2012 Calling Mitt Romney
Paris Orleans SA
PAOR@FP May. 29, 2015 Wire-pullers of the twenty-first century
Paris Orleans SA
PAOR@FP Dec. 13, 2013 European antique show
Petroleo Brasileiro SA
PBR@US Nov. 14, 2014 Pick to not click
Petroleo Brasileiro SA
PBR@US Oct. 3, 2014 Bonds of debt
Pennsylvania Real Estate Investment Trust
PEI@US Mar. 22, 2013 Just looking
Paragon Offshore
PGN@US Nov. 28, 2014 Opportunity in confusion
Progressive Corp.
PGR@US Nov. 1, 2013 Not so fast, Joseph Schumpeter
Packaging Corp. of America
PKG@US Nov. 25, 2016 Contain your enthusiasm
Parkway Inc.
PKY@US Nov. 25, 2016 Redheaded stepchild REIT
PNC Financial Services
PNC@US Jun. 14, 2013 On the authority of Bill Gross
Post Holdings Inc.
POST@US Sep. 16, 2016 From hunger
Paramount Resources Ltd.
POU@CN Mar. 20, 2015 Bullish even now
Paramount Resources Ltd.
POU@CN Jul. 13, 2012 Just in case
Pretium Resources
PVG@US Dec. 13, 2013 Problem child redux
Pretium Resources
PVG@US Oct. 18, 2013 Investing in Yellen
Pretium Resources
PVG@US Jul. 12, 2013 Cheap and cheaper
Pretium Resources
PVG@US Mar. 8, 2013 Metals redux
Pretium Resources
PVG@US Jan. 25, 2013 Gold by the share
Rackspace Hosting
RAX@US Jan. 25, 2013 In case the music stops
Royal Bank of Scotland
RBS@LN May. 20, 2016 We hardly knew ye
Royal Bank of Scotland
RBS@LN Apr. 8, 2016 Least to beast
Radian Group
RDN@US Jul. 24, 2015 On the rebound
Reis Inc.
REIS@US Nov. 30, 2012 Above their weight
Restoration Hardware Holdings
RH@US Dec. 11, 2015 Anticipating Mr. Friedman
Restoration Hardware Holdings
RH@US Jan. 23, 2015 House of mirrors
Transocean Ltd.
RIG@US Mar. 11, 2016 For the un-meek
Transocean Ltd.
RIG@US Nov. 28, 2014 Opportunity in confusion
Reliance Industries Ltd.
RIL@IN Apr. 17, 2015 Up with India
Market Vectors Russia ETF
RSX@US Aug. 8, 2014 For the outcasts
Raytheon Co.
RTN@US Oct. 4, 2013 Assets less crummy
Rosneft OAO
RUSN@LI May. 16, 2014 From Russia with value
Redwood Trust
RWT@US Nov. 16, 2012 The votes are in
Sprint Corp.
S@US Dec. 23, 2016 Wrong number
Sberbank
SBER@RX Aug. 12, 2016 Hostile banking
Sberbank
SBER@RX Aug. 7, 2015 Global verbiage glut
Sberbank
SBER@RX Aug. 8, 2014 For the outcasts
Sberbank
SBER@RX May. 16, 2014 From Russia with value
Charles Schwab
SCHW@US Jun. 14, 2013 Rooting rates higher
SolarCity Corp.
SCTY@US Oct. 2, 2015 Predatory borrower
iStar Financial
SFI@US Sep. 5, 2014 Three amigos
iStar Financial
SFI@US Aug. 9, 2013 Special situation redux
iStar Financial
SFI@US Dec. 14, 2012 Well-marked book
Sprouts Farmers Market
SFM@US Nov. 15, 2013 All you can eat
Surgutneftegas
SGGD@LI Apr. 17, 2015 Leaders have to lead
Signet Jewelers Ltd.
SIG@US Jun. 3, 2016 Lending clubbed
Societe Internationale de Plantations et de Finance
SIP@BB Jan. 13, 2012 The Big 'However'
SL Green Realty Corp
SLG@US Dec. 23, 2016 Can make it anywhere
SL Green Realty Corp
SLG@US May. 6, 2016 Sell New York
Solar Capital Ltd.
SLRC@US Apr. 22, 2016 Credit the yield
Solar Capital Ltd.
SLRC@US Oct. 16, 2015 Constructive developments
iShares Silver Trust
SLV@US Jun. 3, 2016 Up with the accidental metal
iShares Silver Trust
SLV@US Jun. 3, 2016 Popular Pariahs
Snap-on Inc.
SNA@US Jun. 3, 2016 Lending clubbed
Swiss National Bank
SNBN@SW Oct. 31, 2014 SNBN is the Ticker, in Zurich
Texas Capital Bancshares
TCBI@US Mar. 11, 2016 Trade closed
Texas Capital Bancshares
TCBI@US Nov. 27, 2015 Banking on energy
Tidewater Inc.
TDW@US Apr. 17, 2015 Value times three
Templeton Emerging markets Income Fund
TEI@US Sep. 4, 2015 Almighty ringgit?
Tocqueville Gold Fund
TGLDX@US Jun. 27, 2014 ‘Doesn’t have to be a reason’
Transportadora de Gas del Sura SA
TGS@US Jun. 3, 2016 Popular Pariahs
Transportadora de Gas del Sura SA
TGS@US Sep. 5, 2014 So long then, Cristina Fernandez de Kirchner
Teranga Gold
TGZ@CN Jan. 10, 2014 Nature's own bitcoin
Tahoe Resources
THO@CN Jun. 17, 2016 Just enough hair
Tiffany & Co.
TIF@US Jun. 15, 2012 Time piece
Tejon Ranch Company
TRC@US Nov. 30, 2012 Land rush
Tile Shop Holdings
TTS@US Nov. 15, 2013 Introducing the Grant's Story Stock Index
Treasury Wine Estates
TWE@AU Jun. 14, 2013 Beijing to Sydney
Under Armour
UA@US Jun. 12, 2015 Under analyzed
Unum Group
UNM@US Oct. 28, 2016 Disabled no more
United Rentals Inc.
URI@US Oct. 28, 2016 Keep selling it
United Rentals Inc.
URI@US Jul. 15, 2016 Borrow to rent
Valeant Pharmaceuticals International
VRX@US Mar. 11, 2016 Valeant's fine print
Valeant Pharmaceuticals International
VRX@US Oct. 30, 2015 Saul Steinberg's second coming
Valeant Pharmaceuticals International
VRX@US May. 30, 2014 Reality check
Valeant Pharmaceuticals International
VRX@US May. 2, 2014 Sacrificial creditors
Valeant Pharmaceuticals International
VRX@US Mar. 7, 2014 Drug dealer
Westpac Banking Corp.
WBC@AU Jun. 14, 2013 Beijing to Sydney
Westpac Banking Corp.
WBC@AU Mar. 22, 2013 Banking on China
Wendy’s
WEN@US Jun. 26, 2015 Check, please, waiter
Weiss Korea Opportunity Fund
WKOF@LN Dec. 13, 2013 Preferred by more
Westlake Chemical Partners LP
WLKP@US Nov. 27, 2015 Guilt by association
Waste Management
WM@US May. 2, 2014 Garbage time
Wright Medical
WMGI@US Nov. 2, 2012 Thanks, Mr. Market
Wal-Mart Stores
WMT@US Oct. 4, 2013 Assets less crummy
Wells Fargo Short-Term Municipal Bond Fund Class A
WSMAX@US Oct. 28, 2016 No yield for you
Horsehead Holding Corp.,
ZINC@US Sep. 5, 2014 Three amigos
Horsehead Holding Corp.,
ZINC@US Mar. 8, 2013 Metals redux