Closed off the highs but still another new high on the MLP index. Right before the close LIN Energy (LINE) came out with earnings and filed its 10q. They revised guidance for 07 but said nothing about what the revision is exactly. Then I combed through the 10q and the 8k where they provide guidance numbers but i don't know what the point of reference is. Clarity is lovely isn't it. Conference call tomorrow morning will shed some light on this.
After the close new issue Eagle Rock (EROC) announced earnings. No link yet but a conference call coming tomorrow. Boardwalk Partners announces it is increasing its offering from 5 to 6 million shares. No link yet.
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
Check the volume on KMP.
As my only loser this year out of a dozen MLP's and all that nonsense with KMI I decided to sell last week. Of course it then goes up. That's normal for me.
we've all had that happen so don't feel so bad. It may still be the right thing to do since it is underperforming most other mlps.
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