LPI sell off

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petrohawk
Posts: 40
Joined: Mon Sep 27, 2010 9:10 am

LPI sell off

Post by petrohawk »

Any thoughts on the reasoning behind this weakness, except for there being more sellers, would be appreciated.
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dan_s
Posts: 37282
Joined: Fri Apr 23, 2010 8:22 am

Re: LPI sell off

Post by dan_s »

Nothing new to report. Just lots of nervous traders worried about the impact of the Permian Basin takeaway capacity issue. It is real, but a short-term problem.
Dan Steffens
Energy Prospectus Group
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