GLOBAL PARTNERS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
I most assuredly will sell all my shares if Slifka and Rudinsky don't produce good news and guidance tomorrow. GLP down over 50 cents/share today. Guarenteed I won't be the only one selling if the "boys" don't have good news, so you will have plenty of this stock to buy for yourself.
Evidently someone in the "ivory tower" knows more than we do because this stock is dropping fast since the beginning of this week ahead of the conference call tomorrow. All the other competitive MLP's are going up today except GLP... one has to wonder if the insiders know about the conference call results ahead of the outsider shareholders and are selling.
nasty exchange between you two,.
fact is they have a very generous coverage to their distributions if you do the math. so disty cut is silly, in fact should creep up ahead as they get synergies from the acquisitions.
in the meantime, they have been inconsistent, to be sure. numbers have been ok nothing special. they need higher working capital for higher priced things like gas and oil which has drained DCF a bit.
overall decent story with decent potential ahead.
The takes money to make money is a good theory - but in the same frame of mind that is like going to Vegas with $200K in your pocket and coming home with nothing. It's a crap shoot and only the experienced players win. We will all see on the 10th of Skifka and Rudinsky are winners or just players. I'm looking for winners, not just table players.
And by the way - I can't see you so I don't know if you have a fat A$$ or not; most people do have one!
You are right "Being realistic isn't being "nasty." Being nasty is telling me I have a fat a$$. I get the dist was only raised fractionally, but it was raised.The dist has only been raised about 8 cents since the company went public,but you have been getting about 7% and the share price has gone up $5.Yup, and they have alot of debt, but it takes money to make money.