Rocky’s Weekly Stock Picks
Wow, September sure flew by quick! Now we are quickly approaching October, the most expensive month with the least amount of income. Are you as excited as we are?!
If you need us, we’ll be in the backyard vomiting in-between panic attacks.
RIOT - $9.34/share, options trade weekly. A great time to average down, or to buy at a discount., depending on where you currently sit.
For us, anything under $12 is a buy when it come to Riot Blockchain.CLM - $8.05/share, monthly distributions of $0.1228/share. This income fund’s price is in a good spot.
GOGL - $7.88/share, quarterly dividends averaging 5.06% annually. This stock is somewhat volatile in price, and very volatile in distribution amounts. For us, the price is a discount and the yield can only go up from here.
Shipping companies tend to be a special kind of retarded. Not Greecian special, that’s too special. (Greek companies have a habit of going bankrupt and their stock becoming worthless). Golden Ocean Group is based out of Bermuda.FCG - $25.99/share, quarterly distributions annualizing at 3.28%. This ETF is a great way to get exposure to the natural gas market without the hassle of things like K-1’s, futures contracts, or accredited investor status.
Accredited investor sounds great, but you can’t afford it. This requires making $200,000 gross in the last two years, OR having at least $1,000,000 in net worth. Both of these are out of your reach.
Or are there millionaires checking up on our weekly stock picks? Is there some self-made capital investor following us week-to-week, petting his white cat, laughing at our ignorance while getting ever wealthier from our guidance?
Let us know in the comments below!REFI - $14.72/share, quarterly distributions. Chicago Atlantic Real Estate Finance is listed as REIT, but it’s not exactly apartment buildings and office complexes.
Its portfolio is comprised primarily of senior loans to state-licensed operators in the cannabis industry. The Company’s loans are generally secured by real estate, equipment, receivables, licenses or other assets of the borrowers to the extent permitted by applicable laws and regulations governing such borrowers. It also invests in mezzanine loans, preferred equity or other forms of joint venture equity.
We like secured loans, but hate cannabis operations. Either these potheads make things go and stay current on their debt service, or their property can be called in and then resold or repurposed. We like this very much.
Not huge fans of Chicago, though. But hey, at least there’s a market for their product. Can’t hate on free market principles!
