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Energy Transfer Partners, L.P. Message Board

  • dar200 dar200 Oct 3, 2012 3:19 PM Flag

    Sun people selling short??

    Steady selling pressure today (while KMP is green). Now that each shareholder of sun can determine how many etp shares they will get, I wonder if today's selling pressure is largely sun shareholders selling short which will be covered before the settlement date when the merger shares hit their accounts.

    If so, just wait for the sun shareholders who are not sophisticated enough to sell short see the etp shares hit their account. Price is approaching 52-week low. Even the most ardent supporter must admit the price performance of etp lately has been dismal.

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36.45-0.16(-0.44%)Oct 20 4:01 PMEDT