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Monday, August 07, 2006

After hours news after a mixed day and a flat close on the MLP index...which by the way is now posted on the side board with a chart and yahoo link....Copano Energy (CPNO) announced spectacular earnings which crushed estimates by 30 cents! Also the coverage ratio on the recent payout is over 2 times which is fabulous!
Note the action today of Oneok LP after the AG Edwards downgrade. The stock traded down over 1 to near 52 and then came all the way back to close up on the day...so the market is telling you that this stock has much higher to go longer term.

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