Boardwalk Pipeline Partners fka BWP

[liggity]

It is crazy how much they can manipulate price lol...

But its a good sign, when they are manipulating down, it is good for us longs. They send her down to scare shares out of ppl, and to buy more for themselves before they bring her back up.

[dominik2]

Check ihub buy vs sells..all buying

[liggity]

Note today's drop --

Check a 30 minute chart on today. Note the relatively small volume bars, this is a temporary drop to scare people into selling, or to trigger stop losses people have setup.

The volume must confirm the price movement for it to be trusted. Also note that there are plenty of hammer candles - telling us there is hidden buying as well.

Confidently holding.

[dominik2]

I would love to sell around 20..lots of buying as u said..just checked the chart..huge buy end of the day..lets hope for green markets tomorrow

[liggity]

Depends. If good buying continues it will feel safer to me. MMs don't lose money and if they are buying at those levels then it's safe to say earnings won't make any lasting bad impact. IMO.

[dominik2]

Are u holding through earnings ? I might sell before that...

[dominik2]

Ya me too..little lqte been watching for days..got in at 14.30

[liggity]

If you look back on the chart, unusually high volume (relative to the time) red candles started showing up at the end of october 2013. There was plenty of warning she was going down, plenty of weakness shown. I will wait for this type of activity.

I just bought today.

[liggity]

I don't have one. When the daily candles start showing real weakness on above average volume volume, I'll sell, or if we are back in a sideways accumulation pattern before an earnings day in the long term future. Weaker candles on high volume typically represent MM selling IMO. Buy at wholesale, sell at retail is what they do, therefore I don't see a real downturn until we are over $20 a share. Can never know for sure what the magic # is, but volume always gives them away

[dominik2]

Whats ur target

[liggity]

I think BWP is in excellent shape right now.

Have a look at the weekly chart. We dropped over $12 a share on approx 70 million shares sold at the most.

Since then we have seen more than 70million shares bought back in volume, well over 70 million, and the price has only gone up a couple bucks...

We had big money accumulating at these prices, she's going back up, I am confident in that.

I know a lady KY, who was offered a large sum of money to use her land for a new pipeline. This stock is only moving up.

[dominik2]

Lets hope we fill that gap

[liggity]

You guys see this news? It seems to be fairly hush hush, as it hasn't shown up on any financial / stock sites that I have seen.

http://www.naturalgasintel.com/articles/97887-market-steps-up-for-transcanada-southeast-mainline-reversal

[dominik2]

Hoping for 17 or 20 to exit

[Phulhouze]

Thanks. Starting to look like the reports of BWPs death have been greatly exaggerated. IMO of course, but I'm glad I got in when I did!

[dominik2]

Like the way u thinj

[Hellgirl]

Took a long time to get to this - looks good

[80857]

They lost some contracts and have a ton of competition. I heard they could have gotten help from Loews but decided to cut dividend

[Phulhouze]

News came out last week and it hasn't hurt them yet. I think were finally starting to see the bounce from that dreadful sell off...aka entry point. To da moon!
IMO of course

[80857]

Getting dumped out of alerian index
3/25. That shouldnt be a help to the price

[Hellgirl]

Looks good for today!

[Hellgirl]

I agree

[girlfriend]

Looks like a good base around 13 here. Back in right at 13 for a swing trade.

[Hellgirl]

double bottom reached today now we go way UP!!

[80857]

Part of problem. No one wants to buy and store at this price. We need weather to and the price to fall

[swooop]

The price of natural gas hits all time high should help on that bounce.

[Phulhouze]

$16 would make me very happy

[Hellgirl]

Selling at 15.60 $$

[Cubanwinner]

watching BWP -45%, from early this morning...but could be go lower, $6-$8, is so risk.

[Hellgirl]

bought a thousand at 13 $$$ going up anyone?

[gr8f1]

I think you'd be crazy to short after a drop like today, but there are crazy, I'll use the term loosely, "investors"!

[Phulhouze]

Any shorting going on here?

[gr8f1]

Like a hawk indeed. This company is a behemoth. Strong market reaction to downgrade news & Q4 severe cut of annualized dist rate. Watching for bottom on what is possibly an overreaction. Hopefully a positive surprise for the next quarter. I don't think I will be long though...looking for a swing trade bounce flip.

[80857]

Listened to earnings call. Backwardation in nat gas market.
Plus seemed like weak contract renewal. Postponement if new project. Cut dividend to .40 year
Until they get situation squared away.
The cold is not helping!

[dennis72184]

I think we're close enough for a little bounce

[Phulhouze]

You think we hit bottom or
Still falling?

[SilentSniper]

It will take time, over the next few months, hitting all time lows so nothing to gauge a bounce off of. Will be watching like a hawk...

[dennis72184]

I'm pretty sure you will get one sometime this week but if you bought today you will definitely have to average down don't think the bounce will be as big as we expect

[Phulhouze]

Can I get a bounce?

[SilentSniper]

What the heck, 50%??

[80857]

What happened

[Buy-Ford-Now]

Morning,all BWP Longs why is no one here ? the stock seams to be a good play ? lets get a board working here .Guess everybody is STILL in ACAD,GALE and XRX ,Regards .

[Timothy Smith]

Boardwalk Announces Fourth Quarter 2012 Results

Feb 11, 2013 5:00:00 AM
Copyright Business Wire 2013
Also Announces Quarterly Distribution of $0.5325 Per Unit

HOUSTON--(BUSINESS WIRE)-- Boardwalk Pipeline Partners, LP, (NYSE:BWP) announced today that it has declared a quarterly cash distribution per common unit of $0.5325 ($2.13 annualized) payable on February 28, 2013, to unitholders of record as of February 21, 2013.

The Partnership also announced its results for the fourth quarter and year ended December 31, 2012, which included the following items:

Operating revenues of $325.7 million for the quarter and $1,185.0 million for the year ended December 31, 2012, an 8% and 4% increase from $301.0 million and $1,142
.9 million in the comparable 2011 periods;

Net income of $90.1 million for the quarter and $306.0 million for the year ended December 31, 2012, a 26% and 41% increase from $71.6 million and $217.0 million in the comparable 2011 periods;

Earnings before interest, taxes, depreciation and amortization (EBITDA) of $197.8 million for the quarter and $726.5 million for the year ended December 31, 2012, a 16% and 18% increase from $170.4 million and $617.4 million in the comparable 2011 periods;

and Distributable cash flow of $143.3 million for the quarter and $499.6 million for the year ended December 31, 2012, a 2% and 19% increase from $140.1 million and $418.7 million in the comparable 2011 periods.

Operating revenues for the fourth quarter of 2012 increased $24.7 million compared to the fourth quarter of 2011, driven by $25.6 million of revenues contributed from the Partnership's recent acquisitions, Boardwalk Louisiana Midstream, LLC (Louisiana Midstream) and Boardwalk HP Storage Company, LLC (HP Storage). Operating expenses increased $6.2 million, primarily as a result of the acquisitions of Louisiana Midstream and HP Storage.

Operating results on a year-to-date basis were impacted by the revenue and expense factors discussed above. The 2011 operating expenses included a $28.8 million material and supplies impairment, a $5.0 million charge related to a fire at a compressor station near Carthage, Texas, and $9.2 million of gains from the sale of storage gas.

[Timothy Smith]

$BWP is on my top five Eagle Ford Stock list. Worth checking out.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78933192

[Timothy Smith]

Latest BWP News Summary

On June 8, 2012, Boardwalk Pipeline Partners LP announced that its indirect wholly-owned subsidiary, Gulf South Pipeline Company, LP, priced a private placement of $300 million aggregate principal amount of 4.00% senior notes due 2022.

On April 30, 2012, Boardwalk Pipeline Partners LP announced that it has declared a quarterly cash distribution per common unit of $0.5325 ($2.13 annualized) payable on May 17, 2012, to unitholders of record as of May 10, 2012.

On February 7, 2012, Boardwalk Pipeline Partners, LP announced that the underwriters of its previously announced public offering of 8,000,000 common units, which closed on January 25, 2012, have exercised their option to purchase an additional 1,200,000 common units.

On February 6, 2012, Boardwalk Pipeline Partners, LP announced that it has declared a quarterly cash distribution per common unit of $0.53 ($2.12 annualized) payable on February 23, 2012, to unit holders of record as of February 16, 2012.

[Timothy Smith]

I would tend to agree with you. Thank you for the chart.

[Penny Roger$]

np, even this puppy is getting ready for a walk in tha park imo.

[Timothy Smith]

Good points all around. I appreciate your DD.

[Penny Roger$]

Inflation in general makes many equities rise. WMT gapped up before July and has not been looking back. Those stores will stay open imo.

[Timothy Smith]

Yeah it is all linked up together. Even sky rocking oil prices will drive down economies.

A lot of evidence suggests that the 2008 crash that lead to the collapse of the real estate markets followed by the stock markets was caused by the run away oil prices.

Now of course there was a lot of underlying problems but oil was the probable cause or so it seems.