Yeah, Cramer sung the PBA song on his show several months ago. I bought then sold. After taking another harder look at the company I bought back in for the long term as I'm building a portfolio of strong pipeline/power/energy companies that pay good dividends.
Cramer backed PBA??? I have owned this forever and this is a great company, wished I had more capital to throw in at these prices but I am tapped out on other oil/gas plays at the moment. Taking a bit of a beating. Been green on these shares since day one and the acquisition of PVX. good luck
Sentiment: Strong Buy
Well, I put my toe back into the water after selling PBA sometime ago. Just a 100 shares at a time. Could have easily made $200 on the recent upsurge, but I've decided to become a long term holder due to the dividend and price appreciation and will add more. Maybe Cramer was right after all.
I agree with you. I bought my first shares in this company today near its 3 year low. I expect to be a gradual buyer and long term holder.
Sentiment: Strong Buy
BioLargo (BLGO) just announced that researchers conducted a confidential technical symposium August 17th at its laboratory on the University of Alberta campus in Edmonton Canada. Over 30 individuals representing a wide range of interested stakeholder groups including science, research, academia, industry, engineering, federal and provincial funding agencies, investment professionals and a leading global philanthropic organization attended. BioLargo scientists presented results of experiments and studies validating the company's technical claims that the AOS Filter is less than 1/20th the cost of the nearest technical competitor, at greater than 100 times the efficacy (disinfection), and more than 10 times faster. Researchers presented confirmation of more than 100 studies replicating these findings, demonstrating the AOS Filter's important role and high value in just about every segment of the global water industry estimated at $350 billion annually.
Independent researchers refer to the AOS Filters disinfection rates of performance as "unprecedented". The AOS Filter combines iodine, water filter materials and electrolysis within a flow-through water filter device, generating extremely high oxidation that eliminates soluble organic contaminants that are commonly found in many types of contaminated water. Studies prove extremely high rates of disinfection, eliminating infectious biological pathogens likeSalmonella, Listeria and E.coli in water.
This amazing AOS Filter technology is ready for commercialization and the company is ready to soar right now. Read the press release.
Put shares in your portfolio before they are $5.00 and then $10.00 and then $20.00. This could be one of the biggest winners to come along in a long time.
Sentiment: Strong Buy
Im ok with this, means I get more cheap shares per month. I am long term holder so all this low price is doing is benefiting me and my Drip. Great Company currently in a normal cyclical downturn. Will rise again, just wish I had some more capital to throw in it right now.
---Sell it all to me. I'll buy.---
Are you buying more PBA? You seemed to like it back in Feb at ~30. Now surely it must be a screaming buy.
Yes, I sold. I got sucked into this stock by Cramer, loud mouthed idiot. PBA is not going to appreciate much because of oil glut and it just keeps getting worse. Iran and Saudia Arabia are in a race to see who can pump out the most oil. When PBA drops to $22 I'll think about getting back in but not before.
What is wrong with doing business analysis to decide whether to buy, hold, or sell? It's no secret why the stock price is doing poorly of late.. the midstream segment is suffering.
@The Company's Conventional Pipelines and Gas Services businesses had increases in revenue of 25 percent and 26 percent in the second quarter (28 percent and 27 percent year-to-date), respectively, over the same periods in 2014. This strong performance, combined with steady results in the Company's Oil Sands and Heavy Oil business, helped to offset decreased performance in the Company's Midstream business. The decreased performance in the Midstream business was due to lower commodity prices, with the greatest impact from propane, where the average year-to-date market price in 2015 declined by almost 60 percent compared to the same period in 2014, which overall resulted in lower consolidated revenue for the second quarter and first half of 2015 compared to the same periods in 2014.
$PBA is so much more than oil I am not going to comment on the commodity side of the equation. They are involved in so many aspects of energy transportation is it silly to go over it here. If you are invested in this company and do not understand what they do may I suggest you go to their company website and get educated.
Are their still stock holders here complaining about the stock price? Or why share prices just won't go up? Or why they are underwater on their purchase?
May I suggest that you just sell and move on? Would that be unreasonable instead of trying to over analyze the situation that is beyond your control.
I have no idea where $PBA stock price goes. Who knows there might even be a price temp. freezing or reduction in the dividend at some point. Who knows? I don't.
I still see some folks whining and trying to figure things out that are beyond their control. Please do yourself a favor...sell. You will sleep so much better at night. You might even find a better investment out there. If I were you i would stick with the most widely held stocks that Wall St wants you to own.
Long $PBA since 2003 and $IPPLF (another great company that is even better than PBA because of its overseas storage exposure)
Last quarter's numbers didn't look too good to me. Lots of "we"re moving in the right direction", but ot reflected in the numbers. I too was a PVX holder, waiting for a can't lo price here before I buy more. $27 is not that number for me.
On that day, when PVX became PBA, Pembina stock was at 29 and change. Seems to me there have been some additions to Pembina capital structure since then. These accretions have, of course, been considered in today's Pembina price. I have been asleep for the past four years so I am not sure what that is....... but holy moly, we must be up around $80 by now, right?
Just gives me additional shares in my DRIP. I am fine with this price considering the current oil situtaion.
Sentiment: Strong Buy
its now negative thanks to the disease spreading thru the markets.. the dxy soaring, cad dropping and oil price manipulated..by the OPEC shorts players.
Is the price drop related to the fall in the Canadian dollar? If the Div. is in Loonies, when it gets converted to US dollars, the payout is actually less because of the exchange rate? If that's the case, I don't see a rebound in this stock until the Loonie strengthens or the fundamentals change. With the Fed telegraphing rate hikes, this stock could languish for some time.
Does anybody agree, or see things differently?
Although I bought this stock in the mid 30's I'm not to worried, especially if they get the terminal approved in Portland (they have an ignorant mayor who doesn't understand the operation and benefits). Hang onto it, PBA will eventually (12-18) months be back in high 30's, maybe 40.