The constant and periodic theft of assets by manipulators with the gloom and doom news. Smart money buying this beaten down asset while dumb money sells low. I just hold and ride through it.
Part 1 of my prophecy has come true. EPD just raised the dividend a 1/2 cent! I urge you to remain calm!!! I know that extra cash is tough to take. However, will get thru this.
It was very very oversold at $22.10. I dont think it will hold above 26 bucks, It is still in a downtrend. The distribution is good. I am a long term investor in EPD. Oil will head back up someday.
After watching my MLPs pull my account value into a deep hole for several weeks, now they're pulling it back out of the hole faster than I could imagine. 60 years of market experience has taught me to buy when things look as if they'll never get better. One has to learn to look at huge declines as huge buying opportunities. The worse it gets, the better I like it.
I sold this crapola the other day to avoid risking/losing more than the 28% ive already lost now its up 11 %.. I don't understand how... the losers I sell bounce, the losers/ winners I hold drop lower,.
It was bound to happen sooner or later. The Middle East is still a powder keg, and even more so with the Russians actively bombing forces supported by the U.S. If the situation deteriorates into a contest of who has the better air force, oil will go through the roof. Putin obviously doesn't care if he starts WW-III. Domestic supply will once again become critical, and the distribution system will be stretched to the maximum.
Sentiment: Strong Buy
Agree with percentage but highest short interest last 30 day for a considerable period of time. Also ECPO plans common stock purchase of $50 million, which would be little less than two million units.
Sentiment: Strong Buy
That 12 million shares is less than 1% of the float. Could be shorts covering.
I would think it's buyers realizing these prices may not stay this low for long.
I can buy quality at bargain prices.
Funds were def dumping....had to do with redemption's....plus any other bad news spooked the section to the downside. Its not fair...but that's how it works sometimes....