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Tuesday, October 25, 2005

Thanks "anon" for the post...Plains All American joins the we're increasing the distribution chorus with the increasingly long list of others.

5 comments:

PRINTEAM BLOG said...

Good morning, Joe.
Care to prognosticate on where will TPP go couple of days from now, ex-div day?

joewxman said...

Looks like the MLP tape has firmed up and TPP is back over 40. If they can beat estimates in the earnings department...then maybe we can go to the top of the trading range.

PRINTEAM BLOG said...

Thanks for the answer. And what about our friends at XTEX? I've been thinking about waiting for TPP results, see what happens and, if the numbers are right, switch over to XTEX.
Given the projected numbers and appraisals it looks like a better call.

joewxman said...

i actually sold some teppco in one account back about a month ago and switched to Crosstex. Right now the move has been exactly even. But over the long hall you have one company growing distributions every quarter by 4 or 5 % and another one where distributions are barely growing if at all. I think XTEX wins this battle.

That said...lets see what the earnings show. If they beat estimates this time and paint a rosy outlook... then the stock could bounce up.

Never easy is it?

PRINTEAM BLOG said...

It sure as hell, never is, Joe. Thanks for your feedback. My son and I, who was home for the weekend from UC DAVIS, discussed this possible scenario. Let's see what TPP shows on Thursday and we'll go from there.
Carlos