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EV Energy Partners LP Message Board

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  • saltynacho saltynacho Dec 9, 2009 2:38 PM Flag

    Looks Like The Shorts Are Driving

    Hey Stones -

    I stated - IMO.....

    What is the date of the 1.5% data point that you posted???

    Salty

    Disclosure: I'm an owner of EVEP

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    • I know that short interest is very low because the dividend is so high that shorts have to really have a case or risk losing and paying that high dividend.

      Evidently that deal announced this morning is driving EVEP. Looks like they give up some land to a JV and get a piece of the revenue w/o any cost other than the contribution of the land. Its a shale play and perhaps implies that the other acreage owned by EVEP is just as valuable.

    • "Hey Stones -

      I stated - IMO....."

      Yea, Salty. I know.
      My questioning the short-driven gain was IMO, also. I was just asking if I was missing something - - - Low short interest doesn't 'normally' drive a [high-div] stock up in the manner you suggested. I thought maybe you had a different angle.
      My question was not intended as an offense.

      I don't know the date of the short data I mentioned. It was from Yahoo's "key statistics" and NO ONE really counts on Yahoo data.
      For accurate short data, check your broker.

      Disclosure: Me too.


      See ya

 
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