Home > Boards > US OTC > Oil/Gas/Natural Energy Production > ECA Marcellus Trust I (ECTM)

Natural Gas had the crap kicked out of

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
renoldman Member Profile
 
Followed By 25
Posts 1,564
Boards Moderated 0
Alias Born 04/15/10
160x600 placeholder
renoldman   Thursday, 03/21/13 11:30:35 AM
Re: PennyBears post# 25
Post # of 35 
Natural Gas had the crap kicked out of it last year.

This sound silly, because the price has gone back up, but ....

In the last couple of weeks, companies have been releasing 10-Ks.

For Trusts, you can see what the expected Fair Value of Cash flows is.

You can imagine that when a trust shows a fair value of its assets of about $80 Million .... things don't look that great when the market gives it a $300 Million Value ....

In addition to this, the principals have indicated that they have exchanged the subordinated units for common units. This means they will receive better distributions and have a market to sell their units.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences