Great company indeed,but how about going straight up once in awhile and hold long term. Target price of $95 for me . Go up $2 and show me you have strength.
I suspect it has more to do with the threat of the Fed raising the interest rates than day-traders. These guys are leveraged (less than lots of MLPs but leveraged a lot nonetheless): any interest rate move is going to cost them more money in borrow costs, which will transmit to a decrease in share price. If it is slow and easy as the Fed says it will be, then this will equilibrate and the unit price will come back up. If not, we'll see a 10% correction back to $25. It's just the way these things work.
Exactly Jimbo and analyst's love the stock and still,we never see a spike. Back at the ranch Tallgrass has gone through the roof the last few week and almost doubled since early February 2016. Too late to chase that stock. I will take my double here from the year end2015 from 2015. Let's go to 51.16. Thank you very much!
I am bullish on the company long term. I just wish the stock could give us a spike once in awhile while we wait for the projects to kick in. It's the 3rd or 4th best MLP out of around 140 MLP's.so let's see the stock do something. Their is no reason for this stock to sell off at this point on a positive day. NO COMPROMISE HERE!