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Message Boards Settings Global Partners LP (GLP) - Quote Info
Why the 7% price drop Oct 26th?     26-Oct-09 04:20 pm    
I find no news other than the below:
...The Partnership is proposing to replace the terms “operating surplus” and “adjusted operating surplus” in its partnership agreement with a new term, “distributable cash flow.”

which appears to allow lower interest cost and greater financial flexibility.

Can anyone explain the price drop? It looks like the distribution of 7.5% remains intact & able to be paid with a forward PE of under 10. Thanks!


Sentiment : Buy
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CoolThought...


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  Subject Author Rating Time of Post (ET)  
 
Why the 7% price drop Oct 26th?
CoolThought... (1 Rating) 26-Oct-09 04:20 pm  
 
All oil and gas stocks took a hit today.Very costl...
mitchjl_169... (1 Rating) 26-Oct-09 06:47 pm  
 
This stock is thinly traded, and vulnerable to sho...
CoolThought... (2 Ratings) 2-Nov-09 04:42 pm  
 
coolthought:This stock can be easily influenced by...
mitchjl_169... (1 Rating) 2-Nov-09 07:12 pm  
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Global Partners LP (GLP)

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On Dec 31: 22.96 Up 0.12 (0.53%)
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