put a limit sell order in for $60 and they won't be able to borrow. Might be looking for another coordinated short attack like we just had.
You are correct in your short term vision, however if you total the distributions for the last year they come in at $2.84 which is close to Yahoo.Times 4 is not a good indicator as is an annual summation- with all the variables bouncing around-the Fed, $ rate, WTI. In Feb I predicted .30-.40 but now believe July will be closer to$.50-.60. should see a share price increase to the X date.
Do you have any position? Or are you just blowing smoke up our A
So have you taken any positions yet? or are you still just posting your superior intellect?
On April 19, predicted $.30-.40 in July. Not changing yet, but believe you are closer than I. Keep the WTI climbing. BTW-have you noticed the disappearance of frosty,funky and DTM from this board?
This was around the normal daily volume until the sharks and the bashers attacked. The drop in WTI had a huge affect on the volume and the thinly traded stock's volativity was greatly magnitied.
Wasn't the rig count only related to the Prudhomme Bay field? Suspect balance of Alaska oil fields have also undergone rig reduction a/c WTI pricing. Does thst number also include workover rigs, which can be different machines than production rigs. They keep the pumps running by recirculating oil.
Don't sweat frosty. He's an abstract mathematician-you've seen those guys in the movies standing in front of a huge chalkboard- with equations to save the universe. He admitted several months ago he has no position of any kind in BPT and has not corrected that in several direct questions from me. He doesn't know oil and reservoirs. Therefore is he credible? WTI is the key. Have predicted July @$.30-40 based on $40 WTI.
Looks like some shorts are being squeezed. Frosty do you have any skin in this game/ Or are you just bloviating as O'Reilly says.
Just a WAG without all the fancy calculations and assumptions that seem to influence the prognosticators who seemingly always preach the decline of BPT to zero-I predict a July payout of $.30-.40 with the only caveat being WTI ranging in price between $40-$50/bbl. Missed the April payout, announced in Feb by 2.8cents but that was a 28% overstatement.
Trading near normal volume prior to short attack. Suspect some of that volume may have been covering. Maybe a pause before announcement-tomorrow at latest.
After all your verbiage and mathematical gyrations you are within the margin of error of the $.10 I predicted on Feb 8. You still have not responded to a previous question-Are you a stakeholder in BPT-long,short, options, whatever? or are you just a poster with too much time on their hands?