MASTER LIMITED PARTNERSHIPS

Thursday, September 11, 2008

I forgot to mention that some insiders have stepped up to buy in a few issues but i'm not posting the links. Its better we don't know!

Anybody see an uptick? I forgot what they look like.

BTW if 240 breaks on the chart there is no support undernearth until 220 or even 190! Can you imagine what MLPS would like like another 20% down from here? And Wachovia had the nerve to say.."its not as bad as it looks!" I would hate to think what their definition of "bad" is.

2 comments:

Anonymous said...: I have never seen a weaker group of CEO's than the guys running MLP's. How about a little damage control guys? Hold a conference, issue a press release, announce a deal, do something! The silence is deafening...Even the insider buying is lame. If your units drop by 40% and the insiders don't buy-why should we?; 9/11/2008 3:54 PM
Anonymous said...: Can we all please stop grouping XTEX with APL. APL is a company run by a solid management team in GREAT financial health. XTEX is a god with a ridiculous amount of financial leverage, a coverage ratio approiximating 1.00x during a period of all-time high commodity prices, and a moronic management team.; 9/11/2008 4:03 PM