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Pembina Pipeline Corporation Message Board

  • gntlmnrnchr gntlmnrnchr Oct 8, 2012 5:46 PM Flag

    Anyone know why the stock price got hammered today?

    It makes no sense to me, nor does the short interest in this stock.

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    • Company info is practically non existent with Pembina and for that reason, most investors do not even consider the company. Owners of the stock are left in the dark as well, when there are any significant events taking place. One never knows what is taking place, because management never bothers to communicate with the stockholders until quarterly reports are due. When you have as large a change over as occurred with the purchase of PVX, one would think that management would be aware of the concern of their company stockholders.

      I would imagine that the building of several new pipelines, increased rail service, discussion of new refineries in the area, the holdup of the XL Pipeline, all have a significant impact on PBA. These activities could well have an impact on the company's income, since they generate income by moving oil and gas products. Who knows, when management never bothers to share such information with the stockholders?

      Sentiment: Hold

      • 1 Reply to jr1s_corner
      • If this company so boring to you, you should consider selling and buy Facebook.

        I like these boring well run companies that pays over 5% dividends every month. I also like Mgt. that spend their time running their company and not wasting it by distributing useless hype. Everything an investor needs to know is their quarterly report.

        buy at these prices hold over $30

        Sentiment: Buy

    • Hammered? You call a 1% drop a hammering?
      One point which may or may not be a factor is that Canadian markets were closed today for Canadian Thanksgiving holiday.

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