Someone or something is just laying all over ETE and that makes this coming to fruition highly suspect
I would expect the dividend announcement is going to be connected to whatever mgt says they are doing with the firm, as far as the auction process goes. Certainly keeping the shareholders on the edge of their seat, especially in this crazy mkt
I do not usually post on Yahoo MB, but have for this asset, since I see it as one of the few "safer" long term values in the mkt today, with good potential for appreciation. It became clear there are a plethora of hired hands posting negative stuff about WMB on this MB ... makes you wonder about who is behind it all? In the end, good will overcome and this will be a great investment. Hang in there through the turmoil and crazy stuff. At the end of the day, WMB has a great pipeline asset they have created and it's value is only increasing, thus the reason ETE wants it
Stock price is within $2 of where it was at the start of 2014. Nothing has happened to the business. Ppl are still using the gas being transported and there are more users ... so this is a major emotional sell off, leading to capitulation ... so sell away, if you feel compelled
When you are part of WMB, whatever form, you cannot lose ... the ppl who will lose are the ones who are caught up in the emotional hail storm which materialized the last month. This will pass and the business will continue to pay as it has since it began, both in healthy dividends and asset growth
Yes, US Dollar lower, 10 Yr T rate down under 2% and a big drop in rig count ... the US dollar trend affects the Treasury rate and that affects the commodity valuation. And low prices for energy are slow but sure taking care of low prices. Pipeline firms have been crucified and became a bear's dream come true. The tide has turned. ETE and WMB will be a great combination and pay investors in dividends and capital appreciation
Yahoo should manage this process better ...
I have hated the stock mkt, in the US and most stk markets, but I saw value in buying WMB. What happened the last 3 days was very irritating and thus I tried to convey to the board they had better communicate to the world what is going on. I do not delude myself in thinking I had any impact, but am ok they finally in the 11th hr said something
Should be firmed up and made public within a week or so
He knows what he is writing about, which sadly few people here do. And then there are the paid super negative posts, which should highlight to you there are some forces who would rather you sell! Selling is the wrong thing to do, at this point.
Watch the price action today ... will not be surprised, if it closes above $37/share ... very bullish action!!!
Sell at your own risk ... giving into the people who know the levers to tweak
Thank you for making the effort. WMB is a large firm and I would hope they have a responsive investor relations dept. Very curious to learn what they say
I spoke to a representative there and they are waiting to hear as much as we are as to the status of the potential deal. Regarding Divd, they confirmed on 29-July that the dividend would be the same this quarter.