Hi Harehau, You have been a proponent of the deal, but now you are saying, if the combination of the deal is not better growth, than you do not support the deal. What do you think the big funds are going to do? What knew came to light to cause you to come to this more questioning state?
Arb, you are one of the most knowledgable poster I have seen on these MBs ... you think this will go through? Both of these firms have had targets on their backs from short sellers for months, with intensity hitting peaks the last two days.
Hi Harehau! What is your assessment of the incredible unwind in share price for pipeline firms? And specifically ETE and WMB. Seems so very irrational, but mkt can stay irrational for a long time, before reversion back to more normality takes place
Sell at your own risk ... giving into the people who know the levers to tweak
Anyone following that?
Lorisue, you must know there are a lot of insincere posters here, offering erroneous info and outright lies ... ignore!!!
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
After the jobs report highlighted that the US economy was not that great, the US Dollar hit the skids ... from there we saw an ignition of commodity names and some global stk indices that have been in the tank, like Brazil.
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!!!
Someone or something is just laying all over ETE and that makes this coming to fruition highly suspect
This morning looked like piling on by hedge funds shorting this sector ... it has been an easy short, since people are running scared in the mkt and especially all energy related shares and of late energy pipeline and MLP firms have had a big target on their shares. As you observed, the volume picked up significantly, after 11:30am, which was the low