What makes you think the share price will increase enough to even pay for a long call? Oil may have bottomed, but I haven't seen anything that would indicate that sand use will increase at all. The cc may give some indication.
Even if it went to $28, you probably wouldn't take much of a loss on the puts. Probably an ok bet. But I personally wouldn't be selling puts into this conference call in a week.
Sinha has a rating of 0 out of 5 stars and a 28% accuracy in his predictions.
Probably not someone I'd pay much attention to.
The cc will tell.
Looks like a bigger distribution was anticipated. Not sure how you can beat a better than 7% distribution along with a very solid MLP.
Have not seen anything posted on website. I'm also curious if the post-merger will affect the distribution. Maybe we will actually start getting a benefit out of the merger.
I'm not short. But this stock is tied to oil and energy; which has been in the dumps. Did you see that OPEC release today? "don't want to cut and lose market share" (over 40% of the world market BTW). This is just insane for the business side. Except for all those tankers sitting off the coast waiting for prices to come back.
At least you guys are honest about your short positions. If they miss today, I would expect a quick pps fall but probably regaining the price pretty quickly. Adobe is a very forward thinking tech company.
Its on the down-low and has been on the down-low. It will continue to fall or stay where it is until this oil problem corrects, even though they are not an oil company. OPEC has a meeting in June. Will they trim output? Will the US and Russia trim? Maybe everyone will just start giving oil away.
$$## I for one will be glad when the pps sorts itself out and adjusts to the near 8% distribution. This has been one frustrating ride with NGLS since november.
I heard his comments...total b.s. Like he's an insider or something, when he knows diddly. You don't think the company researched a $21 billion buyout?