Please expound on your explanation. Your post seems to be legit so I would like to understand your thoughts better before determining if I agree with them or not.
All the MLP's are in trouble. Their models for "tax free" distributions" didn't really work. BBEP is no exception. Though I still do not like the MLP as an investment vehicle, it appears that BBEP is oversold by a wide margin. Based on very positive cash flow I don't know why the word "bankruptcy" is constantly posted here except to scare inexperienced investors. It is true there may be an issue regarding the debt, but I don't see that a bankruptcy filing is needed to cure it. If I am right BBEP can go up to being a few bucks this year. The odds are I am right and the reward is a multiple. So here I am and considering bringing in more money to increase my position. Keep in mind that any stock selling below a buck carries certain risks but I truly believe BBEP will end up in better shape than it is now, particularly now that energy is making a comeback.
Interesting response. It is true that even with debt relief that UPL has a big hill to climb and you have been dead on regarding this stock in the past. My thought is that debt relief would have this stock's price skyrocket, but variables like how much relief or how long are factors for the stock's reaction.
If we have cancellation of debt income it also means we have cancellation of debt. That means the stock's increased value should more than make up for the additional income pickup. That's like me saying I don't want to do any more client work because if I get paid there will be taxes to pay but its even worse. The proportionate stock price increase would be double, triple or even quadruple the income pick up from the current market value. Therefore I don't consider this issue to be an issue (IMHO).
Apparently you want your employer to give you a raise by being a prolific short pumper. But you need better quality stuff. Your job is in danger..
choutony pumps...nomadinx supports...mjacob56 pipes in...see the pattern. I'll bet between the 3 of you you share the $15 hr mininum wage for pumping a short position. That's not so bad. It goes a long way in your country.
a broken record..at least pump some new phrases..you are boring us..your employer won't like that..
It doesn't matter what they do. Energy is rebounding. Even the crappiest stocks do well when an industry rebounds. As it turns out this company sells like junk but really has some decent things going for it. I don't understand the current share price but that's ok. I can wait..
You are right. They should not have underestimated the downturn. They should have anticipated it like all the other energy companies did and all the energy investors.
I had no choice but to sell UPL though I did not want to. I even sold HK today. All to buy BBEP. I am keeping my higher risk portfolio to a limit of 1% of my individual stock portfolio so choices need to be made. The truth is there is no need for this portfolio as I am doing exceptionally well with my other stocks, but a part of me likes the excitement. I don't see much risk here. I may even go up to 2 or 3% depending on how much the manipulators push this stock down.
Of course you could be a loner, though I doubt it. I guess I will know if many other posters and imitators get involved in an attempt to denigrate my posts.
Your shill bosses are getting ripped off. Your posts are stupid with no facts. Just a blatent attempt to spread fear. I have made good money by doing the opposite of what organizations like yours try to do.
Blame the real culpret, Saudi Arabia. By increasing production into an oversuppiled market they did the opposite of what most expected.