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Gold/Mining/Energy : APL: Atlas Pipeline Partners
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To: Jim P. who wrote (29)2/19/2014 11:42:07 PM
From: Jim P.  Read Replies (1) of 31
 
As posted I thought the projections were not realistic. APL warned in lowered guidance 2 times now and stock price has taken a large hit. It will take about 2 years to digest this foolish purchase and risk level raised.
Not a good risk reward although that may be different in 15 months if they can improve debt metrics.
Company has proven decent operators and terrible purchasers.
jim
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