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NuStar Energy L.P. Message Board

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  • rrb1981 rrb1981 Jun 23, 2008 7:10 PM Flag

    Let's keep a level head...

    Forgot to keep claiming that NS has plunged...during the "hurricane" of a storm that the stock marke has gone through over the past 6 months, NS is down around 15%. Look at credit insurers like MBIA and Ambac before you loosely toss out words like crash and plunge.

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    • I currently have a loss in NS just as you do.

      You seem to be so willing to support a management team that has diluted the stock to buy a losing business.

      I was expecting better, and got burned just like you.

      It will take time for this to bottom out.

      • 2 Replies to kerfinator
      • kerf,

        Hate to tell you this son, but I don't own any NS. I guess it is you that is sitting on the massive loss on all 5 shares that you bought through or such.

        Like I said before, I prefer to own the GP's over the MLPs. On that note, NSH is looking very attractive witha 6% yield and a 10% to 15% projected growth rate.

      • I agree that you are a short. End the game playing. To say that you are a long and that you will not average down till the stock trades at 40 is nuts. I would half believe you if you said 45 which is my plan...every 10% or so...and my entry level is 49.85. So what is your entry level to date? I would go back through and read your posts but I don't feel like wasting my time reading the same sorry stuff over and over again. In the end, I like this stock for its value and dividend. I am long. I wish you luck with your position whatever it is but the game playing is getting tired. If your long and are so sure that the price will go to 40 then sell and buy it back then. Heck, in the meantime you can profit on your investments rather than complain about them.

51.54+0.20(+0.39%)Oct 9 4:03 PMEDT