Geo, we'll see what happens Monday. Supposedly the futures are down another 600 pts. But who knows?Lat time around I bought BCS at 3 and sold a few years later at 21. I really need to hold on to some cash for income. I need distributions restored form SXE and EVEP. Ed
Sold my Chevy '79 250 last year to save $400 insurance. Schnietzeled a little AMID and NGL to pick up 500 BCS shares. A sacrifice I know but I finally I have a non- oil related stock The other cash on hand is to supplement my meager income. Ed
Not this year. Sold a little AMID and NGL [scnietzelled] and bought some BCS right around 8.65. Finally have a non-oil related stock. Made some money back in 2008-9 buying BCS at 3 and selling at 21. I missed Barclry's. Anyone catch the Trump news conference in Turnberry? It was astonishing. Ed
I'm falling asleep watching the paint dry. I just hope there are not too many more dilutive "cures". Ed
HRC is a monster. Since it's going to be record 93 degrees here in n upstate NY I'm going to put a little heat on Hillary. Writing a speech for the Donald. First paragraph:
"Flying more and doing less!" That's Hillary Clinton. As Secretary of State Hillary Rodham Clinton visited 112 countries flying millions of miles wasting millions of dollars acting as the worst Secretary of State in our nation's history. And I mean acting. What a disaster.."Flying more and doing less!" That's our Hillary Clinton. For now on our job is to stop Hillary from traveling. She's not going to travel any more – not anymore..- especially to Washington for the next four years. It's not going to happen. She's going home to Chappaqua. She needs to rest. She's got to go. Back to Chappaqua.... ... Give our country and the world a rest. We've had enough of Hillary Rodham Clinton.
Hillary, together with our clueless President Obama have destroyed the Middle East and put whole world at risk and in turmoil.
The future looks bright but will SXE be around after November? I don't think so. They'll take the money and run leaving us crumbs. Ed
I certainly hope so. Price of NG up today. SXE to be put in an index fund. The common pps is the vehicle for ALL invested to gain and recover their investment [ and profit] and some dumbass sells at 2.05 to set up a run to short SXE again? I can't stand shorts and the folks who eliminated the "uptick" rule. Bustards! Ed
Pete - I was all over that AMSI stuff hours ago but I had to mow the lawn first. Just got out of the shower. Glad you posted. I have a little NGL. too. ed
With oil up nicely to over 51.00, it appears EVEP's strategy not to hedge oil [and NGL's] is a winner. And there is no hedging expense either. I need a winner! Too many BK's this year. Hercules just went BK AGAIN! Twice in 6 months. Got out the first time at a dollar but many did not. Ed
"Who cares about crude?" Perhaps I can help? EVEP has hedged all their NG production through 2017. Oil is UNHEDGED and NGL's giving them upside to increasing oil and ngl pricing [which may be underway - at least temorarily] Oil is very important for EVEP recovery. Ed