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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (200615)	3/19/2020 9:33:53 AM
From: edward miller	Read Replies (1) \| Respond to of 206169

Elroy - Can you offer some enlightenment on CVX? Yesterday's action was a shock. I wasn't watching it.

To: Elroy Jetson who wrote (200615)	3/19/2020 9:38:23 AM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 206169

Seeking Alpha just did a write-up on the OKE. The problem with bankruptcy is the bond holders get paid before the stockholders. Also many of these are limited partnerships so you don't get the same stockholder rights/protections. OKE and KMI are not LPs but those are the only two I can think of off the top of my head. ET, MMP, EDP etc are all LPs. I was surprised to see KMI at 48% odds of going under. Before the crash, they were a darling with the highest price/sales PE, PEG and lowest dividend in the group priced for perfection.