I always get a kick out of people that ask other people on a Yahoo message board why a stock is doing this or why a stock is doing that.
Frank do you really think that anyone on here has a clue let alone a real answer for why the stock goes up and down??? It is a stock. Period. It is a fractional piece of a company that is subject to the emotions and whims of traders and computers and market sentiments. Nothing more.
Not a thing has changed at Pembina. Not a thing.
The only thing that has changed around here is now PBA has a yahoo message board where clowns come around and tell people to sell so they can make $300 on their 200 share short position.
Let it go lower. Even though PBA is not exposed to the flucuations of oil prices, it always goes down when oil goes lower. Just the way it is. I hope it goes to $20 or lower. I buy more and keep increasing my monthly cashflow from this stock. I have made more money in PBA in 7 years than the shorts will make in a lifetime.
PBA is a company and you own a stock. A piece of paper. The price goes up and it goes down. Sometimes for quite awhile. I always say: If you can't stand the heat...sell.
But don't be fooled by the so called shorts out there.