Info from Ed Reed:
"BTU Interesting? 1) bout 34% of their shares were sold short 2) word of debt re-structuring got out 3) shorts covering positions 4) stock up big today
"
We talked about this stock being bullish on 8/19/15 from the gap up. This is probably just a quick in and out for an R or 3. Nice volume coming in. IF you want to add this to a long term...
Ed Reed's thoughts.
"1) trading very near support 2) goes ex-div about July 28th for 68 cents 3) raises pay-out $$$ almost every quarter 4) div is now over 6%"
Newsome's thoughts.
At a strong support. PAA needs to bounce with a nice white candle very soon. If it doesn't, I would personally be very patient on this stock as it could trade much lower, since...
