if you had been watching the trading for the last month. Losers sold into the last day .... smart money was buying all the way. Now breaking out above the last high, following the ER which was sold off so hard. Look for a trend of higher highs and higher lows to show the way
Sentiment: Strong Buy
This is the 3rd or 4th in the last month. Latest is Baird, a very respectable firm. Arb may be on to something as to why this and other MLPs have been weak. It is about time for some relative strength to be shown, IMO
Seems like this is tax loss selling ... no rational explanation, except the trend down will continue, until it does not. Wonder at what point, value is seen to over come the tax loss selling. Would add, but will not until the selling abates
Thanks for the comments, Arb! I see CMLP receives a buy today. Thus far, analyst upgrades have not had much effect. Agree, it is the longer term when the benefits will accrue. It would be nice to see a trend of upward price action over time ... maybe we are starting
Maybe this move is because of the completion of the acquisition ... up 4% is quite a dramatic move for CMLP
Sentiment: Strong Buy
The pay off may not happen tomorrow, but it will happen. $10 is very inexpensive. Do you know how many people will sadly have kidney health problems in the next decade and beyond? Be very thankful, if you are not one of them!!!
In my opinion this was sold off far too much, but c'est la vie ... morons are out there in the mkt place. Just curious why today the turn around and it appears to be a good one with decent vol
I agree they are under the radar. Very small MLP and with all the org changes, it has been difficult to value. A lot easier to sell it, with the trend down. BUT, I would expect it to be a good performer going into 2014
Clearly, the analysts are idiots or had an agenda, when they all downgraded ESV. I have seen this movie too many times. Downgrade after downgrade, means time to start buying the stock
Great stuff for SFY investors. I think very appropriate, seeing that the shorts really hammered this stock, after the earnings report pop.
It is particularly noteworthy as there were so many analysts falling over themselves to downgrade ESV for the last month. Never listen to analysts ... if you do, think carefully, if they have your best interests, the investor, in mind. Doubt it!