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Friday, September 09, 2005

Hi everybody.

Crude closed down on the day as did gasoline and nat gas but the oil index and the nat gas index closed at new highs. And so it goes. Looks like the MLPS for the most part marked time today as the money flowed into the big boys...we'll see what next week brings.

A G EDWARDS also upgraded Martin Midstream today with Key Banc and McDonalds (not the fast food chain ) on the Prism aquisiution. Stock was up 1 and change.

Crosstex (XTXI) in a Forbes piece on possible short squeeze candidates. The arctice is short and was from 10 days ago...but worth a look. A few insider sales showed up today in XTXI. The amounts sold were small and the sellers still hold large positions. They probably have a boat or house payment to make.

Not much other breaking news tonight. Its a weekend and if you're in the northeast the weather will be beautiful! Enjoy it. I will be monitoring the net this weekend for relevant news arcticles and will post from time to time.

1 comment:

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