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Energy Transfer Partners, L.P. Message Board

  • raman_ds raman_ds Aug 22, 2012 1:45 PM Flag

    CEO is liar, fooled everybody.

    i have seen him multiple times at cramer.
    he even fooled that clown into buying ETP for his chartiable trust.

    I bought 400 shares of ETP 2 yrs back @48 and 350 shares of EPD @36
    today,
    ETP=42.5
    EPD=53.0

    At some point i will sell , take some losses & reinvest in PAA or EPD.

    I am not seeing any growth until 2014-2015 for ETP

    best to all longs

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    • Despite me owning ETE/ETP for several years, I have to agree the CEO is a liar and a sleeze. So far the dist at 8+% is enough to keep me from selling, but my patience and tax consequences are wearing thin. Goodness the S&P is at 52 week highs and ETP is testing 52 week lows.

    • Sell your shares, I will buy them

    • The CEO is not the liar. He stated what he believed. If you watch an entertainment TV show get entertained and then do your own DD. If you bought 2 years ago you have received $7.20 in distributions. Add that to the current $42.55 price and you have $49.75. So you made a little bit. You do not have a loss.

      I have ridden EPD for about 17 years. Have gone down as much as 60% in one year and up about the same. It also has not moved more than a $1 or two for two years.

      Suggest you stop complaining because you bought a company at the wrong time. You could have also bought GM at over $30 and lost $10 or maybe some Facebook would be a better company for you. Suggest you move on.

 
ETP
49.02+0.63(+1.30%)Sep 2 4:02 PMEDT