Ignore the 'CAPTAIN HINDSIGHT' analysts....
Did it ever strike anyone a little funny that even though 7 analysts following Breitburn Partners were recommending it as the best thing since sliced bread at $15-16 and targeting $18-$20, that NOW, during a manipulated oil glut suddenly they have 'revised' their 'science derived' targets down to $7-9 a share and are advising 'hold/neutral'? Do any of you actually pay attention to these a** pandering, clueless morons?
BBEP is going to go through some wild swings over the next 3-6 months but the stock price fluctuated between $15 and $20 a share for a decade with oil during that time ranging from $60 to $120 BBL. Guess what? Allowing for the 33% dividend cut, that means BBEP will very likely be BACK between $14 and $19 a share as soon as the phony oil glut is over...which I predict will be September 2015 at latest. Here you have a $5 stock that is going to triple over nothing more earth shattering than oil returning to $80 BBL in the next year. And no one is buying it? Gee, could it be because of the analysts recommendations? Because as we all know...analysts are NEVER wrong and have ONLY their client's best interests in mind...LMAO!
Pojama people, pojama people people...Lord they make you sleepy with the things they might say...