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Tuesday, April 15, 2008

I have to say that based on the comments lately the sentiment on this board has gone from negative to desperate to hostile. Must be a good sign.

Meanwhile the MLP index is up almost 1 point on a day where the overall market is not doing much of anything at least so far. As predicted this morning Linn Energy (LINE) is down 40 cents on its sale of assets to XTO Energy which itself is only up 3 cents. Alliance Resource (ARLP) is up 1.50 and Atlas Resource (ATN) is up 1 and change. Holly Partners (HEP) Nustar Holdings (NSH) and Penn Virginia Holdings (PVG) are down major fractions as the biggest loser.

Get your taxes all done boys and girls as midnight looms large!

8 comments:

Anonymous said...

WHY DID I SELL HALF AT 23!!!!!! SHOULD I BUY THEM BACK????? PLEASE HELP

Anonymous said...

WHO CARES!?!?!?!?

Anonymous said...

I do fool! need some help. Joe told me sell the news and I got scared out of half my position. Is it back to being a runaway train? thoughts please!

joewxman said...

i told you to sell? i did nothing of the sort. i said it looks like buy the rumour sell the news.

Anonymous said...

no worries...i plan to buy them back tomorrow regardless of price

Anonymous said...

dude, buy them back now. LINE is going to close at $24 today and spike higher on thursday. today a few short term swing trader types blew out

Anonymous said...

VWAP on LINE is 23.50 - heavy volume being traded at that level

Anonymous said...

only off 20 cents...seems to be a lot of buyers of the stock on dips. looks good going into analyst day