InvestorsHub Logo
Followers 1
Posts 107
Boards Moderated 0
Alias Born 08/08/2016

Re: jugs post# 813

Tuesday, 05/30/2017 12:29:14 PM

Tuesday, May 30, 2017 12:29:14 PM

Post# of 8177
Jugs, I saw this note posted elsewhere about NGL. There is a lot of nonsense out there and this board seems to be about the only place where sensible conversation tends to take place. I'd like to get your opinion about it.

"The banks and bond holders have forced numerous MLPs into bankruptcy in the past year. They have done this even when current covenants are OK. These bankruptcies have essentially given the companies to the bond holders (banks) , and partners (stockholders) were left with virtually nothing. The NGL stock price is plummeting for a reason."

Thanks!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NGL News