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ONEOK Inc. Message Board

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  • rdietsche34 rdietsche34 Dec 9, 2011 7:03 PM Flag

    One thing you OKE longs

    This stock pays a nice dividend (taxed only at 15%) and is moving very nice. Too bad you made the mistake of going short.

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    • robbrush Dec 10, 2011 2:09 PM Flag

      Excuse me total OKE short position was covered Thursday...when it touched $80.50...for a very nice gain.
      And am sure you could care less, but I began shorting OKE again in the $83.50 area yesterday. Will continue to do so, especially when it gets into the $84.25 stratosphere. I cannot imagine anyone paying such a price for such a hyped utility.
      And by the way, since the early Nov quake and its numerous you think that such an event would increase repair/detection expenses for a PIPELINE company... Nah, that's a freebie for OKE...

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