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Enterprise Products Partners L.P. Message Board

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  • mktplyr517 mktplyr517 Feb 8, 2013 10:13 AM Flag

    Cramers show

    Not that I would go contrary to Cramer and sell EPD here... Cramer is the #1 contrary indicator there is

    I was a big Buyer of Transocean (RIG) in the $42-$44 range over the past year.... the whole while Cramer came out with sell recomendations and all sorts of BS... (still will only call it a hold)

    Rig settled with the DOJ on Deepwater Horizon the first of this year and Cramer still said to sell... Days later Icahn filed that he was a huge buyer

    Only after Icahn bought 6% of the shares did Cramer relent... I guess he realized not to go toe to toe with Icahn

    RIG is currently at $56 and my belief is its going to at least $75 this year.... another 33% to the upside

    BTW... Icahn wants rig to give a $4 per share divi... which is about 7%.... and Swiss law says that if the company doesn't do it Icahn can put it up for a vote so its all but a done deal

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