Sun, Sep 21, 2014, 6:45 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Enterprise Products Partners L.P. Message Board

nybuckaroo 1 post  |  Last Activity: Aug 17, 2014 5:51 PM Member since: Jul 12, 2002
  • nybuckaroo by nybuckaroo Aug 17, 2014 5:51 PM Flag

    Hey Suckers, let's see what's going down at JC Penney. Cash is down, Inventory is down, and Accounts Payable are down. No third parties are supporting this company any more. When this walking skeleton finally keels over, the only parties to recoup their cash will be the Revolving Lender (with a first lien on everything except Real Estate), next the Real Estate mortgage holders, next some of the Senior Bank Debt, and then..... ooops, nothing left for anyone else. Not the Bondholders, and certainly NOT SHAREHOLDERS. The only reason these shares trade at above $1.00 is Wall Street's public relations grist mills, whose fantasies are consumed by small investors who read #$%$ advice and crappier blogs, and think they know what's going on. As opposed to professional money managers who have already passed through the check-out in JC Penney.

EPD
41.10+0.55(+1.36%)Sep 19 4:06 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.