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Tuesday, September 25, 2007

Losses accellerating as we broke under 300. Nearing a 4 point loss on the day.

4 comments:

Anonymous said...

ETE/ETP?

Distribution right on track. Bought a ton and increased position(I imagine he became comfortable with the issue), insiders are buying, and they can easily borrow to cover any settlement + already have taken a reserve(did they add to it?). Am I missing something?

What's up with the registration statement?

Anonymous said...

meant to say Duncan bought a ton

joewxman said...

i think its a good time. Right now they are under pressure and that has always been a good time to pick em up. I think you are in a good position here. Boost in distributions should take em higher tomorrow.

joewxman said...

as per registration statement...looks like they will be selling shares from time to time but nothing imminent.