I'm having a hard time getting excited about a stock that's losing 6.38 a share. However, I don't think it is going to zero and for a speculation, I might take a chance and buy a 1000 shares. Good luck to all longs.
Wells Fargo came out with an outperform rating on May 13. Look what it's done since. People need to pay attention to these insane upgrades or you are going to get burned. These idiots need to get run out of business. Just go to the 3 month chart.
It is going up and down with the price of oil. When oil gets in the 70's and 80's, it will move up nicely, I'm sure. I sure won't sell at this price. I learned a valuable lesson a few years ago. I bought apple at 18. When it went to 13, I sold it. It started to move up and NEVER LOOKED BACK. In case you haven't noticed, I'm still a little emotional about that.
Are you kidding? What this is, is fear of the unknown If Greece gets kicked out of the EU. The EU can't take that chance so I expect they will get bailed out as in the past. I think it is highly probable that NBG will be a double in 2 weeks. The way I look at it, they should have already been kicked long ago. NOW is the time to buy after the drop tomorrow.
What is sick is I bought LNCGY mainly because of the no stop suggestion. I thought it was because of the way the traders were pushing this stock all over the place and he didn't want his clients to get stopped out and then have it soar higher. I'm in at 12 and will ride this to the end. No point in selling now. Retired and sick.
I also own LNG at 20 and "thank God", because I have lost my butt on LNCGY. I wish they would just sell their assets to a more viable company. I talked to a guy from that area while on a tour of Italy. He seemed to know the company very well. He said they are putting a pipeline already to the coast. I don't if he was spreading bull or not, but it got my hopes up.
He is the energy guru of the WORLD! He can't be wrong. He knows all. He sees all. And he knows everyone personally that has ANYTHING to do with energy. Nobody makes a move in energy unless he knows about it!
SAYS "NOT TO WORRY" So I'm not going to worry, even though I have $130,000 invested in this company. I plan on being TEXAS OIL RICH! I believe that is how he put it. After all, I'm only down 90+ thousand dollars.
Obviously, you haven't researched other MLP's or you wouldn't say that. Try having some patience. ETP is one of the best. Strong company. Even great stocks don't go straight up.
it made money at around $400 10 years ago? It must be management. It was said that ABX is a total failure. Absolutely right!
It's amazing how when things are bad, everyone thinks it will always be so. Where in the hell is your patience? I will be shocked if oil isn't back to $80 by this time next year and maybe yet this year. We live in a very unstable world and anything can happen. Anyone selling now is making a mistake.
Before LINE dropped their divvy, investors didn't know if it would eliminate it altogether. After the divy dropped, people realized that it still paid 10%. That is still a good return. I'm sure when BBEP drops their divy, the stock will start moving up. Right now they could drop it 50% and it still would be very attractive to new investors and it should start moving back up. At these levels, it is a strong buy.
Sentiment: Strong Buy