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Crosstex Energy, Inc. Message Board

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  • kmr123999 kmr123999 Aug 16, 2005 9:30 AM Flag

    Dividend Machine Part 1

    Anyone know how many more of these Yorktown distributions are coming? It seems like good news for XTXI is always followed by a Yorktown distribution. It's almost like they are working in concert to get Yorktown the highest possible price. (Maybe I'm imagining it, but it sure seems that way).

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    • You are imagining it. It is Yorktown that can distribute when they want to (with some limitations). Naturally, they want to distribute when the price is high. Keep in mind that Yorktown is not selling, they are distributing the shares to the early stage investors who can sell the shares if they want to (or not). This is a buying opp. We may not see XTXI in the 50s again (until they split anyway).

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