Traders sell first, buy later. Train crash--- worst case becomes immediately priced in. Odds are that in the end, the worst case does not happen. UNP, KSU, MSC, all reacting the same way and will all recover. "Chillax" and go have a drink!
If it was JUST SDRL, it would be no issue, although why not downgrade at $20, $20, $15???. But consistently, you see their ratings look ridiculous. They upgrade at the top, downgrade at the bottom. They seem like robots. JMO of course, but buying or selling based on some analyst call, is not the best way to pick stocks.
nice vote of confidence. I own the bonds as well. Bought when they were 75% of par. Now 95% of par. That is what I watch to determine the future of VNR since bond holders react fast if there is a problem in the future.
You do NOT get dividends. Please understand the difference between distributions and dividends. HUGE tax differences.
IF there is a buyout Monday, who leaked this, and what will the SEC do about it? I have been watching time and sales, and not seeing huge buys....50, 100, 30, shares. I am taking profits, not being greedy. Might regret it Monday, but bird in the hand pays for a lot of juice over the weekend.
You are wrong about the latter as long as candidates for the Republican party say things like "prison proves being gay is a choice". Geez..........Who is their base???? Single white men over 70?
customers do forget. Look at Target. Bought it at $58. Everyone thought it was going outta business. HA!