Breitburn Energy Partners LP fka BBEPQ

[WiseTrader]

Some thinks FORM 15 RM is coming! but with a BK stock when FORM 15D is filed,That means the stock is going to be canceled and the Company will emerge from BK! i could be wrong! but i seen this before with other BK stock!

[Fishmonsters]

If this is completely done why are people still buying?

[WiseTrader]

FORM 15D was filed! I think maybe deletion to follow up! JMHO

Company maybe emerging from BK! we should see!

http://archive.fast-edgar.com//20180329/A9Z2L22CZ222A2D2222D22Z2AEQM9M2752A2/ …

[LarryAshy]

lol

I didn't even bother.

[xdjmand1]

POR confirming order has been issued, this is over.

[Diggie-HH]

MAYBE POR GET DENIED today?

[Fishmonsters]

People buying again I’m confused

[Fishmonsters]

I lost a good bit of money here but f it make it back somewhere else

[TooYoungToDie]

WTF do you mean...guessing your a long that got the shaft, I knew this stock was shit

[dori]

Are you competing with your " colleague " fishmonster ?
I think he wins. He's been posting a few more words then you.

[dori]

Is it per word or per sentence that you get paid?

Hope its per letter so that you can have a nice monthly wage.

[TooYoungToDie]

Longs got Fuc$ed

[Fishmonsters]

Looks like game over boys

[cents2ks]

https://cases.primeclerk.com/breitburn/Home-DownloadPDF?id1=ODQ4NjM3&id2=0

[Fishmonsters]

And when would this run take place

[xdjmand1]

BBEPQ will trade until bankruptcy exit (plan effective date TBD).

[OTC Scam Hunter]

Daily Full Stochastics flatlining below 2.0. Either $BBEPQ is going to run like a mo-fo soon... or it's completely dead.

Watching to see.

[Fishmonsters]

Ohh this is toast should be stopped

[OTC Scam Hunter]

Unless $BBEPQ puts out any kind of positive news for shareholders, a technical chart correction is shareholders only hope here. Needs to find a bottom base first though.

If the bear sell off continues today, $BBEPQ could get halted, then nobody gets out. Bears might want to back off if they want an opportunity to get out in the future.

jmo

[sdtrader77]

Any hope or catalysts for this to rebound today? Other than chart correction..

[98040]

You didn’t received your Schedule K-1?

[OTC Scam Hunter]

NOTICE OF SCHEDULING OF OMNIBUS HEARING DATES: March 29th

https://cases.primeclerk.com/breitburn/

[oich]

I never received a distribution and only recently started investing in the stock. I’m wondering about a final K-1.

[LarryAshy]

You should have already received your K1. And if you are unfamiliar with how they work, I suggest a tax advisor. There are definitely tax implications.

[OTC Scam Hunter]

Summary: Breitburn's bankruptcy proceedings appear to finally be coming to a close.

Second-lien bondholders will receive a strong recovery via ownership of Breitburn's legacy assets, while unsecured bondholders will receive a modest recovery.

Common and preferred units will be cancelled with no recovery.
The court's valuation for Breitburn's assets are fairly close to my previous estimates.

Oil spot prices have increased significantly, but long-term oil prices have actually slightly decreased.


https://seekingalpha.com/article/4157930-breitburn-energy-partners-bankruptcy-proceedings-nearing-end

https://www.reuters.com/article/us-breitburn-energy-bankruptcy/breitburn-reaches-bankruptcy-exit-deal-with-holdout-creditors-idUSKCN1GO2MG

[OTC Scam Hunter]

Any scenarios with positive results for $BBEPQ?

[oich]

Yes I’m wondering if there will be a K-1 down the line and if you can figure out what that number will be or at least a ballpark number.

[LarryAshy]

Deduction..? Did you receive your K1?
Check your income line.

[oich]

You seem to know a bit about MLPs. Any thoughts as to a possible tax deduction for commons?

[OTC Scam Hunter]

Quite possible. Could be halted at any time if the sell off continues. jmo

[Rainer]

Any concerns about this not opening on monday? Just been watching on sidelines.

[OTC Scam Hunter]

Looks like one institutional MM dumping shares and driving pps into the black hole.

[OTC Scam Hunter]

Wow, I've seen stock implosions before, but this one is fugly.

Extremely oversold, but continues going down down down.

[TooYoungToDie]

Yikes, WTF happened here

[TheGreatSwami]

Thanks

[oich]

I believe he said something to the effect that the letters were not admissible so he did not or could not consider them in his evaluation.

[TheGreatSwami]

Dang. I was hoping there might be a revote or something. I still have notes.

Does anyone know what the judge thought about all of the objections/letters to the court?

Thanks

[OTC Scam Hunter]

Watching to see if 0.0050 holds. Should bounce. After that, who knows? I thought 0.01 might hold, but looks like there's a rush to dump shares. Not a good sign. jmo

[xdjmand1]

Plan confirmed case over, notes pfd & units are worthless

[Rainer]

Cause for drop?

[bdphan]

You were right Hope it will not go lower

[OTC Scam Hunter]

Looks like the MM's are going to dump pps down to 0.0050

[Fishmonsters]

People are still buying it’s a risk like all other otc stocks

[rudyboy]

Ok thanks

[symdn]

Yes I read that, but as everyone should notice, whatever has being said here, has absolutely nothing with reality, not one word should be believed here.

[rudyboy]

Please read the post before... some poster said commons get nothing...

[symdn]

What's over?!

[rudyboy]

So its over? Why are people buying then... ?

[goodietime]

Thanks for the correction.

[LarryAshy]

Master Limited Partnership