why are analyists projecting lower earnings in 2014 for this stock. With an MLP divs are only loosly correlated to earnings but I think that is what is driving the stock price, that and perhaps the weakness in NG. Any other ideas ???
You have to take what analyst say with a grain of salt. They generally serve at the mercy of large institutions. While they can not afford to be continually wrong, they can be persuaded to be wrong at times. They did the same thing to CLMT sveral years ago. Every time it dropped a couple of points I bought some, all the way down to $16.18. I made good money. I think the market as a whole may be down or sluggish for three weeks. I'm buying in early Sept.