% | $
Quotes you view appear here for quick access.

Energy Transfer Partners, L.P. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rlp2451 rlp2451 Nov 10, 2012 2:38 PM Flag

    It would appear the emotional flush occurred Wed 11/7

    We'll see $40 before we see $45.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • rlp - if the market totally tanks then you will be corect. Is that what you are suggesting? The only news from ETP for almost the next 3 months will be press releases of projects going into service. That should not cause it to move downward. You could also have a tax issue come up or a severe spike in interest rates, but that would destroy all MLPs. Don't know where you live but will but a Costco polish dog lunch you are wrong! Even if the makret destructs, ETP has a yield to protect the downside.

      PLEASE share your reasoning.

      You now also have brokers at 5 of the major brokerage houses that before now were not allowed to solicit orders for ETP (brokers are not allowed to solicit if their firm has a sell rating). This means MS, WF, Citi, CS, RBC all raised their ratings from a sell.


      • 1 Reply to arbtrdr
      • The market doesn't have to "totally tank" for ETP to go the $40 range. That's only 5% down from where it is now. The analysts ratings were lukewarm at best. ("Market Perform", "Equal Weight", etc.) Barclay's cut their recommendation, Moody's lowered their outlook to negative, Any continued weakness in the MLP sector and I think we could even go below $40 for a short time.

        PS I love Costco hot dogs!

36.26+0.57(+1.60%)May 31 4:06 PMEDT