Sat, Oct 25, 2014, 7:36 AM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Ferrellgas Partners LP Message Board

  • reocane reocane Sep 23, 2013 12:23 PM Flag

    Took profits on my shorts at $22.

    Going to wait until earnings next week. The only way this company justify this valuation is if they come up big on revenue. Let's see if they can.

    Sentiment: Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Well, you couldn't have had too much profit. Even if you shorted at $23 you had to pay out the distribution and then you'll have taxes on a short-term gain. So you're pretty much at $0.

      I agree, let's see how the earnings go. I've been in this stock since 2001 at $15 per share and collected $24 worth of distributions and still have an investment valued at $22 per share. Not a bad ride for me. I have a stop-loss at $21 to protect my profits and I hope it never triggers. If it does go down into the teens again I'll watch it and buy back in at a lower level...

      I love not being able to lose!!!!! :-)

26.63-0.05(-0.19%)Oct 24 4:04 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Digital River Inc.
NasdaqGSFri, Oct 24, 2014 4:00 PM EDT