When the stock's price was at the high's insiders started selling
5/28/2019
Emg Investment, Llc Insider Sell 8,179,284 $23.10 $188,941,460.40
8/14/2019
Chris Herbold VP Sell 23,337 $21.38 $498,945.06
As the price cratered, but then started slowing down, insiders started buying, and none were selling anymore
2/26/2020
Harry N Pefanis Insider Buy 30,000 $14.16 $424,800.00
3/12/2020
Harry N Pefanis Insider Buy 20,000 $6.96 $139,200.00
3/13/2020
Jeremy L Goebel EVP Buy 3,000 $6.66 $19,980.00
3/16/2020
Willie Cw Chiang CEO Buy 45,400 $5.45 $247,430.00
Doesn't seem like they are expecting a dividend cut
On the NY Mercantile today, the price of the oil contract went up over $4
Crude Oil May 20 cotract
NY Mercantile - Currency in USD
$24.93 + $4.62 (+22.75%)
11 March:
Bank of America downgraded Plains All American Pipeline (NYSE:PAA) from a "buy" to a "neutral" because of falling oil prices and lowered their price target from $23 to $10, but did not indicate a possible dividend cut.
16 Mar:
Plains All American Pipeline (NYSE:PAA) was downgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report released on Monday, The Fly reports. They currently have a $5.00 target price on the pipeline company’s stock.
Plains All American Pipeline, L.P. (PAA) closed up today
NYSE - Currency in USD
$5.20 + $0.10 + (1.96%)
And has been climbing in after hours trading
$5.29 + $0.09 + (1.73%)
After hours: 4:32PM EDT
