Alon also announced today that its Board of Directors has declared the regular quarterly cash dividend of $0.15 per share. The dividend is payable on June 6, 2016 to stockholders of record at the close of business on
Refining won't slow down on account of not being profitable. But that doesn't mean I'd own it currently. You ever hear about what happens when the power goes out at a glass factory? Can't imagine rebooting all that plumbing full of solidified glass. I wouldn't own that either....even if it got real, real cheap. Might be the case here, getting cheap and not much is going on. I wouldn't say the pe will go to 2 since that is ridiculous, but at some point metrics just don't matter and there are better places to be.
Just waiting for da gummerment to say ok. Right? And it would be way to much to ask of such an important company ceo to give us a clue as to what to expect and when. It's very important to keep it a secret so only GS and a few insiders know what is going on. Can you imagine if shareholders knew anything?
Anyway, they obviously are in hiding since they let Costco go to Visa. Maybe next time... 30 years from now. Being over the hill personally, I can safely say paychecks are more important then success, so I'm not whining about them missing out on a Costco contract. Or am I?
Pretty idealistic advise... buy and die. Might be a bit difficult to time it right if you are not near the end. I bought my 95 year old mom a bucket full of EPD recently. That probably guarantees she will outlive us all.
Anyway, I'm glad I've bought and sold my MLPs as conditions have changed and live to die a different day.....
Moving up certainly could not be due to the impending dividend announcement. Nor any positive business development. The market just does not operate on such idealistic principals.
Not to mention 12 million shorts can't all be wrong at the same time.
Shelley C. Chapman was sworn in as a United States Bankruptcy Judge for the Southern District of New York on March 5, 2010. At the time of her appointment, she was a partner in the law firm of Willkie Farr & Gallagher LLP in the Business Reorganization and Restructuring Department, where her practice included the representation of debtors, creditors, and other parties in interest in major chapter 11 cases and out-of-court restructurings.
Judge Chapman received a B.A. with distinction in all subjects from Cornell University in 1978 and a J.D. from Harvard Law School, from which she graduated cum laude in 1981. She served as an editor of the Harvard Civil Rights-Civil Liberties Law Review.
Prior to joining Willkie Farr & Gallagher LLP in 2001, Judge Chapman was a partner at Sidley & Austin and served as an Adjunct Professor at Brooklyn Law School in 1985-86. From 2001 through 2007, she served on the Board of Directors of inMotion, a non-profit organization that provides pro bono legal services to indigent women and children in New York City, primarily in the areas of matrimonial, family, and immigration law, serving as Board Chair from 2004 to 2007.
Prior to her appointment, she served on the Executive Committee of the UJA-Federation of New York's Bankruptcy and Reorganization Group and on the Advisory Board of the ABI New York City Bankruptcy Conference, and has been active in Cornell University and Harvard Law School alumni affairs.
Judge Chapman is a Fellow of the American College of Bankruptcy and a member of the National Conference of Bankruptcy Judges. She is currently serving on an advisory committee to the ABI Commission to Study Chapter 11 Reform and is the Judicial Chair of the ABI Mid-Level New York City Conference. She also served on the 2012 NCBJ Education Committee.
U.S. Bankruptcy Judge Shelley Chapman in Manhattan Tuesday said Sabine should be able to reject the contracts -- with HPIP Gonzales Holdings LLC and Nordheim Eagle Ford Gathering LLC, an affiliate of Cheniere Energy. At the same time, she said she didn’t want to decide an underlying legal dispute “in a binding way.”
noise. Or maybe the shorts who have been hammered dog meat lately are rebelling and ganging up on stocks they like. Talking heads were trash talking shorts just this morning so maybe shorts are having a little hissy-fit. Or maybe just one big fund decided to take the profit on the pop from 20.
Spank the shorts. Spank the shorts. Lots more where that comes from. I'm still 30+% cash. How about the others buying? Fat lady is practicing her BK-Shorts song back stage.
Yea, that was last year's tax loss for me. I bought PAA too soon. Still had too far to go. down. But then, I practice risky behavior and here I am buying MLP's again.
The tide is out and the seagulls are picking the crabs out of the muck. 20 seems like a good spot until the tide rolls back in. I'm just going to hang out here and fish for shares until I get my fill.
That didn't last long. By the time I got to it I got units at 20.07. Just once I wish I'd dive into something at just the right moment. This year is a total disaster and I miss a 40 cent discount because my telephone is slow. lol
What a truly glorious day in Houston.... except for the traffic.... I would have thought with everyone laid off and companies giving up and moving back to Ohio, traffic would get better. Wrong. Where do all the people come from? I even watched a shiny new fleet of helicopters fly over this morning. They were headed towards NASA or Ellington, either way we the people couldn't afford so many nice shiny new toys, so it must have been some white house tour event.... maybe? Probably time left to put on my tux and go down to panhandle at the gate. Oh yea, I just mainly wanted to say I think for such a broken down stock price here, volume has been worse then anemic. It's like the point in the flu when you realize you are constipated.
Listening to CNBC during my morning commute there was some discussion on the topic of Williams - ETE deal. A link was noted between CHK and Williams. Maybe someone who follows Williams can elaborate.
I just sort of assume every pipeline has CHK gas in it. And as a percentage of the pack, it's not material at this point.
I see all the phishing sites have lost their magic touch. I still use the magic decoder ring I got when I was 8 years old. So far it has confirmed I was correct and all my energy investments would totally stink and pretty much all the other segments would suffer to various degrees. Might be a very long year unless some management team comes up with a positive announcement. The road to fame and glory is paved by glorious speeches during times of doom and gloom. Might put this credit card company in the spotlight for a whole week.