My broker offered a 6% annual interest yield for them to borrow my stock, payable monthly. I'll wait for the next quarter where I think TOO will increase the dividend a few cents as stated on their projected common distribution. 6% at a higher price increases the borrowing payout.
Things seem to be getting overextended for TOO. google awe-some*sto-ck*s - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
Has anybody heard about Brookfield buying TNK also, other than TOO? Are they looking to takeover Teekay as a whole?
Do we know why it opened at 2.36 this morning?
Who says TOO isn't poised for potentially massive upward movement? Do you guys find it difficult to know when to buy or sell something? I prefer to get my stocks from awesom*sto-cks.
TOO may be a compelling opportunity. if you guys have questions you should ask awesom*sto-cks. They often respond to my emails which is helpful.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
Analysts Ratings The average analysts rating this morning is a hold with a $3 target, my personal translation of that is for now let the big boys load up at these prices and then we'll move the average ratings up as well as the target price. The four new board members afforded the new partner along with the remaining board members aren't about to sit around drinking coffee and shooting bull, watch the turn around start to unfold. These people didn't buy in just to keep the status quo. New sheriff in town and things are going to start changing a little faster than normal. But remember, just stating my own opinion.
If they did a public offering, it would have been a massacre. The private offering for the common at $2.50 sets the floor and down side risk. The majority share owner can move the stock any time they want, by increasing the dividend payout a few cents.This may be the bottom, once institutions decide to own the stock, the common will start an uptrend.
TOO now trading lower than it was before the Brookfield deal was announced. Hoping we get a lift from the near term outlook in the quarterly CC.
Breath of Fresh Air with the Savvy Investors On Board With the business arrangement, the dividend reduction with cash being reinvested in the business,the debt issue put to rest and the nervous Nellys who gave their shares over to the savvy investors today......... I don't think it can be very long before these shares hit the $5 range. Those who bought in under $2.50 before and those today who bought in under $3 are going to be handsomely rewarded! Nice to see! Good Luck to all longs!
As a condition of Brookfield's equity investment, Teekay Offshore has agreed to reduce its existing common unit distribution to reinvest cash in the business and further strengthen the Partnership's balance sheet. For the quarter ended June 30, 2017, TOO GP has declared a cash distribution of $0.01 per common unit
I think TOO might have reached its upward limit and that a pullback may be possible. Do you guys find it difficult to know when to buy or sell something? I prefer to get my stocks from Awe.Som.e.Stocks..
good news for preferreds !
TOO may be a compelling opportunity. if you guys have questions you should ask awe*some*stocks. They often respond to my emails which is helpful.
Does anyone know why there has been no announcement about the distribution? I am not surprised that it is being suspended in light of the pending debt problem but I am surprised there has been no official announcement. There must be a logical explanation why the company refuses to issue a press release but I can't guess what is that reason.
Sold this baby pre-market for a nice profit. Been holding a month so I am thankful!
Crude popping over the 47 mark
When management does not announce a dividend near the date it traditionally has done so, it usually means a cut. I have seen this countless times. Management thinks silence is golden, but I see it as cowardice.
MicroCap Alert to TOO shareholders. Why Clean Energy Technologies (CETY) shares moved up recently and why they are about to rise sharply again. CETY purchased their Heat Recovery Systems from General Electric. Each system sells for about $300,000. Demand for CETY HRS is very strong. CETY just expanded Europe sales and service office in high demand market CETY immediately announced first new sale in Europe CETY presenting to 26 Power Companies in the Pacific on July 31st to August 4th – These 26 power companies need CETY HRS to produce power cheaper and make more profits.
Expect substantial sales orders to flow soon after conference CETY 1017 target: $.15 to $.20