I bought etp last oct. for43.32 and have collected about 8 percent divvy last 12 months. price of etp is now 52 and higher 21 or 22 percent gain for about 30 percent total. ill take some more of that punishment thank you.
I figure the price would answer that question for you. this is the most negative stock I have ever owned. the bright side is that I need to take some loosers off to help on taxes this year and it is at the top of list. Sorry but does that help ya.
hey look through the noise collect the dividend it aint going to get to the promised land today. im holding 5800 shares that look a lot better this week than they did last. like it or hate it we are probably going to aquire bry. oil will be back in 100s again one day and you still get a payday every month
bry shares are nicely priced at this time. thats good for all of the current share holders. bry reported a good qtr. the pickle is are bry share holders holding on to shares expecting to get a better bid from line. as a current line holder I sure hope not. bry was a good fit when they first announced it but I now feel it would be only marginally accretive. if line backs out bry shares could go back to post merger talks leaving them to fall back on that 32 cent divvy. line will of course fall back to who knows leaving them with that 290 divvy. bry may have another suitor come along and gobble them up, could happen. line on the other hand will move on and find somemore oily assets Blue ridge and clayton Williams in the Permian to name a couple. I doubt if bry had never been mentioned that the hedge fund induced panic would have ever occurred. it was a great buying opportunity for line holders but also a catalyst for bry shares. I hope that line managers are not arrogant enough get bry deal done at all cost.
im not sure we are trading on the bry deal today. more like good earnings and Permian buy coming online in 2 days. bry loss may turn out to be non event sec clearing might be huge event
rip is someone paying you for your endless hours of annoying people on this site? if they aren't they sure should be. oh wait I picture sitting in your little bed room, just off your mommys house hoping someone will please answer your irrelevant rants so you think you have a social life. wait I hear your mommy calling to let you know your ham sandwich is ready. one day you will realize that at a battle of wits you are unarmed.
one question to Trudy so if you knew how bad line was and how it was so doomed, why did you not sell all your shares when it was in the high 30s instead of waiting til the sec stepped in and sold in mid 20s
no actually at this time I own 8000 shares seven of which I bought at 23 on the first dip and sold half when it got above 27 the first time. then bought them back at 2395 on the next dip. the original thousand I did buy around 37. so yes I have a loss on those shares but my first trade more then took care of that. should I have sold half at 29 this time sure but I became a pig and didn't. my total gain with divys is just over 16 grand for the year. did these last two days hurt my pocketbook and feelings sure. not lucky not good just did some trades that worked out. could loose more Monday or not but still think bry deal good or bad depending on how you look at it. went through this with bpt and lgcy last few years and held on for nice gains. lgcy still a movin probably should sell some.