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  • montyya montyya Aug 2, 2007 10:25 AM Flag

    News mixed up?

    Ther is a Yahoo news story for EV energy partners with lower earnings predictions. Yahoo pick up on the energy partners part and puts that in EPL (unless there is some conection between the two, I haven't folled EPL too closely, can someone verify any connection?)

    Is this the resson for the current meltdown. The EPL newst that I have seen does not look that bad to support a 25% drop in the last couple of weeks and 5% today (maybe on mixed up news)

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    • na... its not because of mixed up news....
      epl put out a production up date, it was fairly soso and they increased their expected expenses this quarter by over 10mm..

      the market doesnt really want to hear about EPL raising its expenses.

      they are getting too good at that part. next weeks earnings will be a capital D disaster.

    • It does not appear the EV energy partners has any connection to EPL. So the drop today seems to be based on bogus Yahoo story. SHould gain the $1 back tomorrow when peole see the error?

      • 1 Reply to montyya
      • No, that news mixup with EP has been on the Yahoo site for a couple of weeks. I am sure it is most likely because the company is the worst run energy company ever. At least I believe that is the daily drivel.
        It is called capitulation, the natural bottom of a market downtrend. The time when even fans of a stock question whether they are holding it, and in many cases panic sell to the very people who will get rich on the move back up.


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