if she is right then she said they would go to $4 when they cut the distribution and that wont happen as it rallies tomorrow on this news We just had a billion dollar investor join the ranks and they are in at a higher price than I am. so I am loving it. and they arent getting paid any more in income than I am. What is not to like about this deal as an investor. They only have one up on me and that is that they are senoir to my money.
the answer is NO it is a limited partnership. you are not a general partner. and you have no liability if they lose money they cant sell your house.
then get out and leave and the rest of us will make money, I doubt that you own a single share now. and if it gets to $4 monday you had better load up as that will be a 12.5% distribution at the new rate and a much more secured future. If it does it wont last the day so load up but I think it more than likely will rise by end of day or maybe even noon as investors see the potential of this deal
well management just reduced loan to 1.2 B illion with a 1.8 credit faciility if you are correct and improved their balance sheet tremendously, stock prices hate uncertainty and now we have certainty so the price by Tuesday will be up and improve from there. I have to believe that EIG would not have done this deal if they felt the stock price would not exceed $7.50 in the near future and since they have the money to own 20% of this company I will trust their judgement over yours. This will give us a lot of breathing room over the next few years until oil can stablilize. This is what they needed and as harpo stated the rate is much better than I thought they would get but to get that rate they had to balance it with equity in the convertible.
we will reduce our loan to 1.2 B if all proceeds are used to pay off loan and it will amount to a 23% increase in stock. It will lower my long term goal of $22 to $18 on recovery. They have cut the distribution to 50 cents which I feel is a good move. In fact I would have preferred a cut to zero and no convertible.This will take the bank reevalutation question off of the table and puts a large investor into BBEP that feels it will go over 7.50 in a short period of time. I am not extremely happy but I am pleased with the outcome for the long term.
I like this one, PTX, GILD, and HZNP I rarely invest in more than 7 stocks and always have large positions in what I have. I like this one I was in it in 2009 at 7.50 and rode it up to 20.50
estimates moved up a penny after several weeks going down this will respond to earnings as always then slowly sell off to next earnings rinse repeat
bruce as soon as they announce this months distribution this pops up thenb with the bank reevaluation out of the way with no signigicant change it rallies more. The down currently is because some feel it should have already announced but they dont normally do that until after 4/1
what are you talking about they have one of the best hedge programs in place of all the MLPs and they are doing well. if you are talking about the fall in oil prices then no one saw that one coming in qny of the o8il players. Regardless you are off base, I was in this the last time they hit this level in 2009 and they did just fine and they will do so again. They cut distribution quickly when the problem came up and talked with their bankers soon to iron out pro blems what more would you have suggested they do Did you have the foresight you are speaking off. If you did then you should have shorted this and a number of other oils before the break.
ARP is Atlas resource partners and i had no problem going to it, I also am a private investor in some of thier wells. It was partly tongue in cheek response to Zappa Bull because if you look at his history of posts he is extremely negative on almost any stock he posts on. Therefore I usually ignore his posts and rants but I couldnt pass up this opportunity to tease him a litlle.
I would respectfully disagree, I have seem many recommendations and have done DD on quite a number of them depending on the person giving the rrecommendation. In fact that is how I got into Hznp at 13 last yr at 13 and added more at 9. You need to do your own due diligence but most recently on geringerarts recommendation or statement I looked into POZN which also led me to PTx after doing DD on pozn and in last month have made 90k dollars. I would say listen but study to recommendations and make your own decisions Keep an open mind which means you need to listen to wise people and do your own decisinon making based on fundamentals. But a number of good ideas can be picked up from message board=s
i did reenter at a lower price than where i sold and bought more than i sold fully losded again and sold june $9 calls to lower my basis another 60 cents per share
it is still there, they just blocked you from using it. watch out or it could happen here.
yes it worked well in the slave days get the whip out and beat them all management is over paid at all companies and use the company as personal piggy banks along with board help