VNR should pick up MEMP and/or ARP on the cheap for completely different reasons.
Sentiment: Strong Buy
I understand the cash flow from these acquisitions will start from 4th quarter and will help cash flow. They will possibly are working on more acquisitions in these low price environment. Please share if you have other information regarding this.
I doubled down at $8.56 the other day couldn't resist the falling knife! I hate leaving idle cash sitting around and am always looking for ways to balance the portfolio! It seems the dividends continue to grow no matter what I do!
Did you cover your short yesterday? Or are you waiting? I will be down here waiting... just in case your Right... or wrong... Period.
line and lnco have way too much debt.....i am not pumping nor cheerleading nor have i said anybody to buy vnr...but i been working in the energy industry for the last 20 years and i know that nobody can operate at $40 dollar oil not the companies nor the countries....remember these countries are dependent on oil revenues to balance their budgets....i am sorry but everybody so short and negative on oil right now and that its trading on sentiment....sentiment can switch quickly and prices can go the other way
If that's what you believe go at it. I'll be holding my shares for now. But the last advice I would give anyone is buy. All the cheer leading in the world won't help raise a stock price. Look all the pumping and cheer leading did for LNCO. Just any cut in the distribution and it will be another LNCO.
nobody is saying they are gods but not every company is enron....otherwise nobody will trade.....anyways i called a bottom based on the charts and looks like i was right....but jp morgan are no fools to buy all those shares....i bet they did their homework
Because all the BIG brokerages took a fall with it also. And many people believe that they are like GODS and know everything.
ARP cut its distribution and is down 34%. Anyone paying attention knows its a matter of when not if VNR cuts again. Go ahead and get your one or two monthly distributions before they cut and you lose 2 yrs worth. Its not worth the risk. Period.
Why do you want a knowledgeable answer when you ask a ridiculous question?? This stock has gone from the mid 20's to $5.00 and change. Why do you think it would be up today????
I was thinking it should be up today too based on the dividend announcement but the price of oil is down.