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Vanguard Natural Resources, LLC Message Board

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  • lner2512 lner2512 Apr 13, 2010 4:46 PM Flag

    I was havin' a good day

    Hmm, let me see--market cap under $500M, daily trading volume averaging under 200K--I do believe you're correct,sir!

    Today's volume was about 300K shares, or 50% higher than average, implying that one or more larger holders were lightening up, I think. Some people are calling the tops for energy MLPs, mostly pipes, but VNR may have been swept into the same dustbin by a few holders. Not a concern unless you're a trader--or the selling continues.

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    • I was at the VNR presentation and breakout session at the IPAA conference. Both were well received. As a result of what I heard and the answers I received to my probing questions, I am increasing my stake in VNR.

      • 1 Reply to segalb67
      • Segal,

        Was there any color shed on future acquisitions, i.e. timing, oil -vs- gas, or any relevant discussion during the 'breakout'?

        Also, I would be interested in the concerns you raised and how mgmnt allayed them...if you care to share and have time.

        I listened to the presentation, and though hearing nothing new, found no reason to alter my long term confidence in company mgmnt.

        Regards, and thanks for your comments,
        dg

 
VNR
1.95-0.10(-4.88%)Feb 9 4:00 PMEST