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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

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 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.

    • it gets pretty tiring hearing whining posts.
      First of all, I contest your thesis.
      Second of all, if you don't like the stock, you can SELL and move on.
      Please spare us the bs you proffer.
      If you just prefer to stay and bash, we will all have to conclude that you are merely a short or someone who wants to buy the stock cheaper.
      People like you are so easy to figure out.

 
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