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joseph cioffi's Source Page - Associated Content
http://www.associatedcontent.comuser/505733/joseph_cioffi.html
joseph cioffi's Source Page - Associated Contenthttp://www.associatedcontent.comuser/505733/joseph_cioffi.html
About Me
- 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:
Dear Joe,
I think this poster on the LINE message board said it best:
Thanks for the gift.
The conference call-assuming the CEO, CFO, and COO were not outright lying-gave a clear signal that the price of this LLC is clearly way undervalued. Another sure sign of undervaluation was the obvious low-IQ of the posters trying to badmouth LINE on this board. The buying opportunity that was presented by the sell-off of LINE through the early part of the day was a gift that only occurs on rare occasions and you are really lucky if you are watching the market close enough to catch it. Thanks to all those that have no clue in what they are investing in and don't understand the accounting used for these LLC's. You are the reason that the market can be inefficient on the short-term and allow those of us that have successfully invested over the years to retire in comfort.
End of message.
BTW, the guy signs under the name, get this one it'll really kill you, LESSBS!
Carlos
I agree... its one of the cheapest names in the sector. The sell off is completely technical and I believe, driven by several MLP focused hedge funds that are currently in trouble. Pull up the filings of the recent LGCY pipe and take a look at the investor base. Compare that to past PIPES and notice there are several big investors that arent there.
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