Dude, I like went to Ameritrade after lighting up a Sherman and what was the name of that stock again? And why is your name bumy on the end? Did you like have a bad trip? Have you seen the weather report for today? I'm starving!
Suspend distributions AND buy back shares? With what? Say, you are on meth!
You could be right if oil slides further.
Yup! The airlines are buying new planes to replace aging ones and they are using the savings for that. UPS and every other carrier will just pocket the fuel surcharge just like a tax. It will pump up their earnings though. This will REALLY help the Postal Service but don't look for cheaper stamps!
You think too much of me hon. Nobody makes real decisions based on message boards anyway. I love that you are trying to stampede the buffalo over the cliff but how much pain is left here for longs? I sold half mine last year and I'm never more than 5% in any one stock to begin with. Your speculation is that BBEP will fold and I think it's far to early to start chiseling on headstones. If oil holds here in the 50's you will be wrong.
Yoohoo! Darling! I'm trying to reach Mr Madoff! Mr Blankfiend sent me over to collect on that bet I made! Mr Madoff? What do you mean he's not available. Will you have him call me back? What do you mean he can't? He's where? Well, that's one hell of a note to find out that Goldman sold the protection I bought to Mr Madoff! I'm going to call the SEC and my lawyer, damn it! You haven't heard the last from me!
LOL! I love it! The perfect casino storm. The most you can lose is everything!
Slow down on the meth honey! The distribution might not get cut until April. In the meantime, some large players have said the 50's is probably the bottom for oil. If that's true it creates a real calm wind for short sails here and won't propel you very much further.
Shorting here is silly. Not much to gain and too much risk. Look at the PUT pricing as it's in the stratosphere. Better to try and determine what entities gain the most from cheap oil and play those.
Video and article here - http://finance.yahoo.com/news/60-oil-norm-next-5-125037476.html;_ylt=AwrSyCNafYxUqC0Ag_yTmYlQ
He said that China in particular and India have been responsible for oils price rise during the last decade. As China slows down and the demand becomes less there will be no market for any excess. If Asian demand is muted for five years who will Saudi Arabia sell to? Not us. Production will need to really slow down and demand has to stabilize to drive oil up again. He thinks demand is clearly NOT going to be there in Asia. You already know that things suck in Japan and this feeling appears to be spreading in Asia. Casino gambling in Macau is in the tank. I had just not thought about things like this before but it makes sense.
If you go to the LINE board you will find that they are just as worried as those holding BBEP. This is an attempt to take out all the shale producers.