Is that why we are back down to $35.36? No news. No direction. MLPs up big time both yesterday and today, but APL did not participate. W/O distributions going up likely to go neither up or down.
You would rather have a CAGR of 6% or zero? Right now ETP has promised a distribution growth rate greater than MWE and equal to EPD.
Loews cannot sell withuot prior notification. With 84% institutional ownership and a huge new MLP fund coming out next week there is big pressure by brokers to sell MLPs to buy the new fund.
Last, insider selling - you have no clue. Insiders can only sell on a prescheduled preannounced program. There is no news. Would have heard at the last quarter if there was.
Info was posted last Friday! A copy is below:
Third Quarter ended September 31, 2013 11/14/2013 $0.90500 $52.48 $49.85
Under investor relations, then the drop down to distribution summary and DRIP information.
Larry - What is the problem with the price. Is is almost exactly even for the last 12 months. There are lots of others that are down 50% or more. Plus, you collected a nice distribution.
As to taking losses to lower taxes - since you can only take 3K in capital losses a year - how does this help a lot unless you also sold a bunch of stuff with gains
The other reason not to own BDCL after looking at it for a minute is it is 2X leveraged. Thus if BDCs go down it goes down 2X the BDC index. Definately too risky for me. At some point this market wil turn down a bit. In that situation BDCs go down over three times as fast because they invest in riskier companies. Thus BDCL is great if things go right but a disaster on the way down. I would rather have tax sheltered income at a lower rate instead of mostly ordinary income, plus be able to go away and not have to watch my investment every day.
Steve - I own several BDCs but none with a 15% yield. Wonder how risky the holdings of BDCL are? There is only one reason anything yields 15% - high risk! just wondering about yields on MLPs. Since unit prices have gone nowhere or a bit down since spring on average why are your MLP yields sagging?
dar - I am not one to decide what the F you post. I asked a simple question and did it politely. I received an profane answer from a stupid a**hole. I ask again - can you get the DRIP price from the ETP website or not? I can. Guess that a stupid person like you cannot.
Since ETP posts the DRIP price on its website why are we discussing this here? Waste of time. Some brokers participate and others do not. If your broker does not then either you forget it or move your account.
Lots of people saw a way to lock in big profits before tghey got trapped because of recapture. Anyone who owned MWE less than one year should have seen the warning signs.
PS - are you saying you do not want shorter term investors to buy MWE? They are the ones that pushed the price up! Investors can be either short or long term. Now we just hsave had our time frame for returns moved back about 1 to 2 years. That costs all of us money. both the traders and long term investors like yourself.
Yawn! MWE already explained what happened. The problem is all the crazy numbers put forth by analyists and the people that trade based on that fiction. Could not care less what Cramer has to say.
balut - There obviously would be more unit for the 3 months because it is a weighted average. The 9 month # is over 9 months. The 3 month average includes only the AVERAGE daily number outstanding in the last quarter
Interesting that doing the offering now gives us a bit lower price come reinvestment time. Also interesting that EPD is trading at weell above the secondary offering price. Strong price action despite what some idiot posters here are saying.
Why are you looking at earnings? Those include all sorts of non cash items including mark to mark on hedging that is non cash. They did have .65 in DCF which when factored in wqith options etc just about covered the .62. The other midstream companies like WPZ, OKS, EPD, ETP, RGP all increased their distributions. Also APL is about to hit the 50/50 split. Disappointing quarter
Yes, but probably easier to read the news posted at AMPE website or whatever company you are interested in.
No. Hard tyo post a link for something that does not exist. The meeting was a PRE BLA meeting to set the groundrules and make sure when the BLA application is filed it is complete. AMPE stated that the BLA applications for both Ampion and Optina should be filed in approximately MAY.
Suiggest you read a few topics about the meeting.
You are ignorant. This was a PRE meeting to make sure that AMPE would meet all the requirements when they go to the BLA meeting. Would imagine the FDA simply went over the requirements and AMPE asked questions to make sure they could do it correctly. Nothing material to AMPE was discussed. Can you move on?