Recent

% | $
Quotes you view appear here for quick access.

Enterprise Products Partners L.P. Message Board

coolius_y 2 posts  |  Last Activity: Jul 25, 2015 1:39 AM Member since: Jul 17, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • coolius_y coolius_y Jul 25, 2015 1:39 AM Flag

    Extreme and illogical overreaction. The loan was about $9 Million; the loss of Market Cap on the news came to 20% of 650 Million, or 130 Million. Unless there is something else or more than has been disclosed, this is totally taken out of whack.

    Sentiment: Buy

  • Reply to

    Why the drop?

    by kntryhick May 11, 2015 5:35 PM
    coolius_y coolius_y May 12, 2015 3:17 PM Flag

    Last few days have been mainly worries about Europe Bonds declining. So yes, it's all interest rate stuff. As you probably know well, utilities and income stocks go down when bond yields rise.

    But it is unlikely that UST yields will rise much - if at all - this year.

    Like the others have said, just enjoy the dividends. Stock might go down to the very low 40's, but it will NOT go bankrupt; their dividends should be safe for a long, long time.

    Sentiment: Hold

EPD
27.55+0.24(+0.88%)11:02 AMEDT