Actually, the entire MLP complex was up after being beaten down for weeks. It's not a surprise that ETP was up big today with the rest of its peers given it has the biggest catalyst going for it right now, and it's yeilding a good 8% as well. This secondary was coming, and everyone knew it...it had to happen sometime. You don't even know the pricing of it yet, so why get all bent out of shape. These events have been awesome entry points anyway...a good time to drive down the cost basis if you ask me. GLTA.
you can laugh at me but i was watching this on my MB trader platform before open and it was somebody work. Marketmaker was just stuffing up quote with gap of like 80 cents from offer to ask. Very bizzare gap..manipulated for sure.