Friday, September 29, 2006
We have higher prices in MLPS today....not by alot but definitely an upside bias. No doubt also that end of quarter noise continues. Copano (CPNO) and Regency Partners (RGNC) are up major fractions today on some volume. Also Crosstex LP (XTXI) is up 46 cents. Losers are few and losses are contained...under 25 cents. No news driving the group today.
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joseph cioffi's Source Page - Associated Content
2 comments:
Joe,
Looked at the XTEX numbers and they look pretty good to me. What d'you think?
I am still quite bullish on XTEX. Technically there were some big blocks of shares offered for sale the last 10 days or so...the last 7500 share block was sitting all day long at 35.63 and being bought literally 100 shares at a time. It finally got taken at 3:50 this afternoon. This leads me to believe there were some end of quarter maneuvers going on and that should have been wrapped up today. There is hardly any supply of shares up to the 38 level. We'll see what happens next week.
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