my ANALysis says that this was a stock replacement strategy, to lower capital invested long. Really just take some profit selling the stock and replacing with deep in the money calls staying long and reducing capital at risk.
thats what heres your sign said when price action broke out of the low 30s.
and now here we are breaking out of low 40s ...
why are you fighting the price action ?
about time, all the natural gas can be used directly, cheaper and with less pollution as a feedstock for fert, CNG, and LNG, withourt all the waste imposed by heavy duty refinery costs.
can't trade LINE\LNCO\BRY based on general mlp sentiment UNTIL the BRY mrger is done, and Linn energy demonstrates consistency in free cash flow. btw refiners are done, old trade.
HEY the contract IS not hype, its a legal contract. expect more to come.
The DOE does not have legal cause to NOT approve the non-fta export. The delays in approving export of LNG was caused by Obama wanting to get reelected.
Apparently the market price action in cheniere to the recent IPO and this contract disagrees with your pessimism. Get a clue.
I'm full up on KMR, especially since it grows by itself. I'm building kmi to have part on the top of the food chain.
labeling you as shorty was not meant as a put down. generally nothing wrong with being a short trader, imo wrong strategy for cheniere at the moment.
BUT Getting your facts straight before posting falshoods was ...
All depends on what they do with the cash raised. If it allows for additional investment into corpus christi for more export capability then its $$ well spent.
That is after all what mlp infrasture operations do. Raise cash build out, pay partners with distributions with revenue\cash flow and do it again and again.
If you don't like that business model then go buy exon and get didly squat while the big corp keeps most of your investment, for pennies on the dollar.
there is no dilution. They already existed as CQP shares owned by cheniere.
get your facts straight before you post shorty
sellong otm puts is not a bad strategy, however be aware that there is no guarantee that the puts will expire worthless. The price of lnco can drop when one least expects it.
we would be better off with nat gas fuel cell vehicle, CNG, and LNG. A little denser than hydrogen so it has more miles\tank, we have a lot of it, and we can also produce it in a CO2 conservative green energy cycle. e.g. dairies, feedlots, chicken farms municipal garbage.
The Carbon in methane is not a pollutant if its used and recycled properly in natures cycle.
geez another idiot short pimper ... oops I meant pumper.
ETP just got to significantly reduce the number of outstanding shares and relieved of the burden of raising a ton of funds for the LNG export. Regular Distribution increases for the few next year now confirmed.
Now all it needs is some nice bite sized drop downs or acquisitions that are immediately accretive,
Look forward young man, not backwards in the rear view, else you will surely crash.
go away spammer, this is one of the kinder boards. Your focusing on the wrong trade.
your supposed to be accumulating ETE and ETP on dips ... NOT PVR and NOT RGP
dude your an #$%$ and an idiot. all of this started with you trying to do the PVR\RGP arbitrage for pennies and advocating quick trading to take take profits. But it has been one of the smallest arbitrage margins that I have ever seen.
RGP is an mlp, there are significant tax implications, for which rapid trading can easily kill any real gains.
if you really wanted a good arbitrage you should have bot BRY when it was near its lows because of the Hedgeye fiasco with linn energy. Yould would have gained around 10 pts on bry by now, which is around a 25% increase.
I am calling your bluff, your a liar. There is no fricking way an IR person is gonna say
that there will be no distribution increase from the BRY deal EVEN AFTER DIGESTED.
on the conf call its clear that there will be no immediate distribution increase on completion of the deal.
BUT beyond that they are not saying except that the deal is accretive.
so stop exagerating and lying just to spread FUD.