MLPS have cut their losses from down over 5 to down a little over 3. The dow is off the lows as well. Considering how it looked after 10am its not a half bad comeback but the dow is now just above 9900.
Alliance Resource (ARLP) and Plains All American (PAA) are down a little over a point and lead the list of losers. Just a few mlps flat or up by a few pennies.
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Alliance Fiber Optic Products, Inc. (Nasdaq CM: AFOP), an innovative supplier of fiber optic components today announced that for the 2nd quarter of 2010, the Company expects to report net sales above $11.5 million, which is a new record for AFOP quarterly sales and exceeds the previously raised revenue guidance of $10 million from the press release dated May 20, 2010. The Company’s higher than anticipated net sales in the second quarter of 2010 primarily reflects stronger than expected bookings from key customers and continuous business progress achieved in the first half of YR 2010. AFOP expects to report that quarterly profits will improve significantly compared with both the previous quarter and the year ago quarter as well.
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congratualtions. I think in 5 plus years ive been writing this blog you are the first one to post this shit.
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