"this will be sold for $ 7 to $ 9 / unit by November 1, 2016"
If that happens, I would be one happy camper and wouldn't care who wins the election in Nov.
tex: "SXE to be sold soon so that the banks can recover their $ 700 million."
If you were to take a conservative guess, at what pps for SXE?
ck: " you might as well take it private if PE's own 80%"
IYO, at what price? What would prevent them from taking it private at a fire-sale price (
"they are not on the verge of paying distributions again. being a bottom line trust they are responsible for development and operating costs"
Ouch. I was in trusts for a while but fortunately got out. Thanks for pointing out the difference between top and bottom trusts.
ofir: "make sure it reaches $10 in a year"
IYO, what would need to be done to make it reach $10 given the large amount of debt?
I read his comments and attributed it to being a nervous nelly, as I was. I also bought 16,000 today to replace some I sold on Friday.
Cajun: Agreed. It is a lot cleaner, but a few keep coming back like bad coins. Most will go away if no one pays any attention to them.
cube: "my intended SXE trades would have triggered"
I'm curous to know what your intended trades were. I sold some in the mid 2.30s because I expect it to drop some more on Monday.
Cajun: "B-Convertible shares have a vote equal to the common. I really think that is significant"
In what way and what impact might it have on the common shares.
Cajun: " My new policy"
Good move. Let them talk to themselves. After a while they might give up when no one pays any attention to them.
This message board has been incredibly useful thanks to folks like Cajun, telly, tex, cube, nohj, ck, and a few others. It is being destroyed by one or two posters. Don't let that happen. Put them on ignore and don't respond to their stupid posts.
"Mr. Wade is the Chief Operating Officer for EIG and a member of the Investment and Executive Committees. He has primary responsibility for the operations and......."
telly :" I think Friday's call will be interesting"
IYO, what are the odds that the Q1 results could be a disaster and if not, why not?