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Breitburn Energy Partners LP Message Board

asstsecretary 4 posts  |  Last Activity: Apr 27, 2016 9:43 AM Member since: Feb 10, 2012
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  • by asstsecretary Apr 27, 2016 9:43 AM Flag

    Why announce a distribution at 6:30 pm so it does not appear on a watchlist as news the next day.

  • by asstsecretary Apr 23, 2016 11:09 AM Flag

    El Arroyo bar/restaurant in Austin had the above slogan on waitpersons tee shirts and on the famous sign outside. It recently occurred to me that it is actually a good thing if it is true, as trolls say,that dividends are paid from secondary offerings. What a deal...they take money from new/other people and give it to me. I'll take all of that I can get. But I will still take advantage of this offering.
    Speaking of the offering, since announced, volume totals 2,852,000. Trying to sell new stock with the usual modest volume has to be like pushing a rope. They have not announced the close of the issue and next week may be really slow. i hope they get this stuff sold soon ;cause I have a mouthful. I started buying too soon, then bought all the way to the bottom. now my basis is $26.65 and I am looking forward to a payday within the next two weeks.
    Good Luck to all

  • asstsecretary Mar 25, 2016 2:21 PM Flag

    Does this mean you do not believe management on guidance for dividend in 2016?

  • by asstsecretary Mar 24, 2016 4:06 PM Flag

    Always a good sign. Heavy trading all day, many large trades. Clearly Cramer's person ( can't require many ) have a screener that says "WOW, look at that string of quarterly losses, can't cover the dividend". I lowered my basis twice yesterday and once today"
    Good luck to us all!!

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