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Apollo Global Management, LLC Message Board

irbbping 2 posts  |  Last Activity: Jun 3, 2016 2:55 PM Member since: Mar 7, 2000
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  • Reply to

    Where can this go?

    by jbeckley59 Jun 3, 2016 8:27 AM
    irbbping irbbping Jun 3, 2016 2:55 PM Flag

    i agree it should go higher but a real profit taking haircut today !

  • Reply to

    Investment Outlook by Tim Plaehn

    by farrichetihanu Apr 18, 2016 10:09 AM
    irbbping irbbping Apr 18, 2016 10:37 AM Flag

    Tim,
    I note that you are getting no replys because the longs here do not like what you have to say. You are dead on bankruptcy is a definite possibility or reorg almost as bad for MLP holders. News could not be worse. No div, senior notes, perhaps more stock offering,then they say they are going to pay down debt and then say they may have to borrow more from the facility or eq that they are paying down and oil in the tank for the distant forever. I did not realize that they were so dependent on selling products to the oil drilling industry. If they survive it is dead money for well beyond the short term. Glad I am out at about $24 with a small loss about the time the KMI fiasco happened. I still like a few selected MLPs--HEP, TEP, CINR, EVA and KNOP. Given todays environment many are close to a ponzi scheme.
    Old seasoned and battered investor

APO
15.01-0.14(-0.92%)Jul 1 4:00 PMEDT