I wouldn't be concerned, it's really Europe's problem. Any market volatility right now is just knee-jerk reactions. Natural gas/crude oil outlook I think is unchanged. Enjoy your ribs!
This issue fell for no apparent reason 7-10 days ago, briefly scaring me, but has recovered nicely since. Possibly due to expiring options, but I bought it 2 months ago (and still believe) that it's an undervalued asset.
We must read it? If we don't, does the SS send somebody around and haul us off to a concentration camp?
I just got into this issue. To me, it seems under valued. Bought it for the generous dividend. I hope the underlying factors don't fall in. Bought @ $43.50, it hit $46.00 this morning. The petroleum industry may return to profitability @ $50/BBL. I was hoping to sell some call options @ $50, but they don't seem very active and 30-40¢/share just isn't enough to get me interested.
With those clowns (who are all really just 1 person) you're too late! Their minds were wasted long ago.
In your squinty little narrow eyes and exceptionally weak, unreasonable mind, everyone else is wrong. Have you ever thought that MAYBE THE PROBLEM IS YOU?
You're a basher too, you spend all your time here bashing others with different points of views. Are you a retiree with nothing else better to do with your time? I think so. I've seen people just like you on other boards. You're pushing an agenda, trying to pull people into this stock when it's dying. Fortunately they're smart enough to see through it.
I wouldn't mind owning it, but don't want to buy it and have it plunge. I don't know if oil/gas issues are done falling yet. Buy and sell for the dividend maybe?
All of your multiple identity posts aren't fooling anyone. BPT went up in years past because they had oil to sell. Read the 10-k report and see the recent WSJ article. "BP Prudhoe Bay is dying". The 'rewards' with this issue don't equal the risks. It's time to move on.
I did the math and my $54,000 initial investment would have yielded a lousy $108 distribution for this quarter, the worst ever. Before selling it off last month, I lost FAR MORE than that in the stock plunge and quickly concluded that I'm not in this to gamble and BPT just isn't worth holding anymore.
Sentiment: Strong Sell