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Enterprise Products Partners L.P. Message Board

rhalisd 1 post  |  Last Activity: Oct 30, 2014 5:48 PM Member since: Mar 16, 2009
  • Reply to

    Anyone feel safe entering the waters now?

    by djp5625 Oct 30, 2014 11:21 AM
    rhalisd rhalisd Oct 30, 2014 5:48 PM Flag

    I sold out yesterday... at around the close today. This is a highly leveraged company, that has a concentration of around 13% in Red Lobster restaurants as lessee's. I worry about added cost of capital (S&P downgrade), and management. I'm not sure that the two that we're fired are not the only unethical ones. Usually it all starts from the top.. so there may be more shoes to drop.

34.92-0.34(-0.96%)Jan 26 4:04 PMEST

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