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Strategies & Market Trends : Fundamental Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: NikhilJog who wrote (3188)8/5/2013 3:29:49 PM
From: Ditchdigger1 Recommendation

Recommended By
Sergio H

  Read Replies (1) | Respond to of 4719
 
They also got that $2 billion settlement from the failed Kuwait deal. As to what they plan to do with it, they are investing $4 billion in Texas and Louisiana to increase output of ethylene and propylene.

One should also note the price of ethane has been halved since last year (one of the reasons I am also staying away from EPD)

I've owned and watched it since jan of 2012, will continue to hold and watch how it plays out. At least there is a bit of excitement, more than I've had in awhile (lol)