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GMX Resources Inc. Message Board

dognamedgus 41 posts  |  Last Activity: Jun 5, 2016 2:50 PM Member since: Feb 10, 2004
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  • dognamedgus by dognamedgus Mar 27, 2016 5:25 PM Flag

    I am a newbie here,and have enjoyed reading the posts.

    In retail, there seems to be several groups interested in cplp....

    There is a group underwater investors hoping for the best with this shelf...that group includes a subgroup of divi investors who really lost their butt$ this last year or two....they are the ones the shorts are trying to scare.

    Another group of traders who got in lower and can't decide whether to make quick $$$...callme crazy, but they may sell.

    Another group (me included) who are wondering if this $500 mill shelf is a dropdown/recap opportunity from heaven above...seems to good to be true, but recap financed with 10-15% bonds saves the company 15-20% on 30%divi and funds a repurchase of shares...makes some sense for a profitable company and its creditors to consider...maybe this has been the plan all along and such a plan helps explain the plummeting SP.

    And, of course, another circle j "group" of one or two shorts who think they are fooling everyone into a panic tomorrow.

    GLTA...tomorrow and the next days/weeks/months...could be interesting....of note dilution with commons makes no sense, but who knows.

    Time will tell.

    Gus