Nice job - I wish i saw it then. Icahn has been a tough guy to follow as of late in this and in CHK. Trust your own wisdom!
Yup - the power of the mob is amazing. Obviously some BIG money interested in moving this down. Smartly or not they have been on the right side of this one!
Well you better think twice - a lot of money on the line here and the small timers are the ones getting hammered.....as usual.
You are laughing at shorts? Really?? That is like laughing at longs after a 100% gain. You cannot be serious. If you are get help.
About the DIST announcement. I thought in light of the deal it would not be happening. Either this is a fire-sale price (which I think it is a good deal at this price) or something very odd is happening. I cannot tell if this is good or bad news.....G/L.
I just don't get it - given their hedges and terms this environments creates decent acquisitions options. NOT TO BE CHEAPLY acquired. That said the morons running this have done EVERYTHING wrong over the years. I should just expect this.
I fail to see how a deal that is worth $1.87 per unit is a good deal for shareholders..Such a joke to suggest that the deal is worth 40% less than what it was in prior months. Some haircut yes but that much - no.
Thanks for the response in any event.
No I don't - I rightly or wrongly took Friday's and today's price action to make a buy/ I just am not really seeing any tangible justification for a 15%+ decline over 2 days. What is the market suggesting? If not BK then what - suspended DIV completely? Seems odd thats all...
So is the decline a indication the market things BK is pretty likely here? Even if they drop the dist to 0.0625 (50% reduction) the yield is still in excess of 10%. Only thoughtful responses please.
Agreed - but seems a little excessive at this point no? Odd hold at 2.02. Something goofy is happening. Have no idea if good or bad though. Wish I never heard of EROC....
As usual I am not quite as optimistic as you. I am hoping to see about a 0.3-0.35 dist with a contribution for the downtime in Q3..... However I would not complain if you are correct Deep....Enjoy the weekend....