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Atlas Resource Partners, L.P. Message Board

  • arsesm arsesm Nov 11, 2013 11:04 AM Flag

    why does this stock keep going down

    while distribution is increasing every quarter??? does somebody knows something that we dont?? i dont own this but like to buy some. any opinion??

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    • Well, the transcript is available at Seeking Alpha.

      You only need to read the first paragraph of the CEO (Cohen).

      Let me translate.

      Excuses, Excuses, Excuses, Excuses - All not my fault

      This just isn't going to be a widely held stock in terms of institutional ownership. That isn't going to change. If your ok with that fact then put your money up.

      If we saw a general market sell-off then this could conceivably see sub-$17. But otherwise this seems to be an excellent level to consider investing. Just make sure you understand the risks and are willing to live with them.

    • Personally I would stay away from ARP for the time being. Remember that a 10% divvy means nothing when the stock loses 20% in share price.

      Also ARP has been in a bear market since June. There are too many other good MLP for your consideration and DD.

    • They made a questionable acquisition and had a miss on distribution growth. It likely is settling into a valuation based on expected performance.

      It is entering "value" range. Even on a flowing mcfe basis and taking into account the private drilling partnership cash flow, it's starting to get very cheap.

      If you buy, ease your way in and hold off until they can produce another quarter of solid liquids growth.

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