"original post was a broad brush negative comment on ETE"
no it wasn't it was targeted at what I consider excessive "manipulation" by prof ANALysts and energy transfer.
actually I like ete, but a few things are irking me:
1. buying now is buying high, maybe near a top maybe not. I don't like to chase and rather wait for lower entry.
2. Second split in about a year, feels like a 1999 tech boom stock, but wait this is pipeline sector isn't it ?, supposedly a steady toll keeper, but now its playing games to push its share price.
3. Cramer supposedly dumps kinder morgan for energy transfer. sell low buy high does that make any sense ? chasing yield ? no too many games going on here.
4. Currently there are many companies in the energy sector which are a lot cheaper to pick up.
btw I was an ete shareholder until after the runup after the last split. Had huge cap gains and had to cash out. Still holding a major position in etp.
I agree its not worth chasing a dividend for a short term trade. BUT regardless quite a few stocks experience the divvy runup to ex-div.
PLEASE STOP USING ALL CAPS ? ITS FKIN ANNOYING
td ameritrade or their clearing house is attempting to skim fractions out with the round off on the conversion to cash. Glad you got td cleared up.
Don't ever stick with a broker that insists on giving cash in lieu of fractional shares. gee we have had computers since the 1950s....
anybody predicting a double digit decline from current GGR is screaming FUD, ignore them and do your own research. Too bad these ANALysts can't be held accountable for their recommendations.
From SEC form 4 dated 6/08/2015, available at kindermorgan investor info if you don't believe.
Class P Common Stock 06/05/2015 P 100,000 A $39.99 233,912,353 D
lye ? no he probably does stretch the truth and lie, and just like any other momo pusher he will say anything to push
huh ? no I waited until I could some signs of bottoming, early this morning was knife catching, too risky.