APA, which is way ahead of XCO in both natural gas and liquids production as well as coming off a multi-year high within the past few weeks, experienced similar price action and closed down for the day.
Please get that tanker truck out of the hangar pronto, then get back to your desk. Refueling operations within fifty feet of a building are prohibited.
Don't believe the political rhetoric. Obama's comments are just prelude to an effort by Democrats to increase the minimum wage in an attempt to buy votes in the 2014 mid-term elections. According to Obama, "[A] child born into poverty has such a hard time escaping it," and ACA will make it harder. He's hoping a minimum wage increase (and employers' subsequent attempts to decompress wages) will offset the increased cost of insurance coverage that otherwise will decimate Democrats' chances at the polls next November.
Existing retail shareholders access to MLP units will be strictly through the open market. Not to worry about assets dropping down to the MLP; market likes refiners unlocking shareholder value in this manner, and VLO still indirectly enjoys majority ownership of the assets.
MLP's are more tax-efficient in a taxable account. Distributions, for the most part, are classified as return of capital that reduces unit cost basis and, therefore, effectively not taxed until the units are sold and, then, at the capital gains rate(plus, the cost basis is stepped up on inherited shares, so there is no tax on prior distributions). Income/capital gains on MLP units held in tax-deferred accounts are taxed as ordinary income when withdrawn.
The message board went quiet due to a Yahoo! Finance server glitch. Be careful what you deem an historical indicator.
I am not lucky or smart but "... you need timing a tick a tick a tick a, good timing a tock a tock a tock a tock a, timing is the thing ..." (apologies to Jimmy Jones) and a plan.
Once again, don't miss the point of a reverse split and exchange listing, which is to raise capital. Share count will not remain static.
Your June call on Stryker was acknowledged when the merger was announced, as was your emotionally-charged early exit that caused you to miss the payoff.
Accounts for only 2M shares accumulated since June 2012. Missing 29M shares owned by WLR-controlled entities not underwriting the rights offering.