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Fortunately it isn't too often that we get weeks that are as wild and crazy as last week---not that any of it made sense, but we have learned to view every move this market makes with extreme skepticism.  Fed statements have gotten to be such as joke - so now we make "considerable time" into "patient" and we rally strongly--and…

Travel center operator TravelCenters of America LLC has sold a 8% Senior Note offering.  This issue has a maturity date of 2029--relatively short. Currently TravelCenters has a 8.25% issue of senior notes outstanding which are trading above par at $25.89 which leads us to believe that this issue will trade around par and remain close to par under the current…

Date Issued   12/15/2014 Shares Issued  4,800,000   Overallotment Shares   720,000 S&P Rating  NR   Security Ticker Symbol   TANNL Market Traded ON   NASDAQ Interest Payment Paid on the Last Day of February, May, August and November beginning on 02/28/2015 Quarterly Interest   .50   Annual Interest   2.00 Securities may be redeemed, at the issuers option, as early as 12/15/2017 for a redemption price…

It is obvious to us that trading types are in charge of these markets, stocks and interest rates, as none of us more conservative investors are contributing to these big drops and corresponding up moves.  Now we are 'so happy' because the Fed is going to be 'patient' when moving interest rates--give me a break.  None of their patience changes…

Well by now everyone has had their fill of this messy month.  It isn't that the S&P is off too much--or that interest rates keep falling, but is simply one of leaving no market sector untouched.  Of course it was the oil and gas upstreams--and midstreams and anything that had the word 'oil' or natural gas' in it, that have…