HGT should be over $30 soon. It was over $30 in Feb. '05 with oil and gas at lower numbers. All we need is the pipeline completed.
$30 sounds good, 40 would be even better. Any idea when pipeline will be completed?What will happen to the price after the cash distribution? will it drop by the amount of cash distrubuted? thanks
Oil at $120 by MayIf oil and nat gas keep moving higher, then HGT will not drop after distribution, but continue on up. In theory, The trade the day after it goes x-distribution will drop the price by the amount of the distribution, all else remaining the same.