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Scared after the MLP Selloff? Insiders Aren't.

scott
edited October 2014 in Off-Topic
http://www.forbes.com/sites/moneybuilder/2014/10/15/scared-after-the-mlp-selloff-the-insiders-arent/

"Before you join them, let me share a little detail with you. Kelcy Warren, CEO and cofounder of Energy Transfer Equity (ETE), just bought 1,178,567 shares of his own company this week for an estimated $60.5 million. "

If you look at ETE yesterday, there is a HUGE spike middle of the day - ETE was up more than 10% in fairly rapid fashion. Warren's purchases happened yesterday.

Comments

  • BWG
    Any info on whether Richard Kinder has bought more KMI/KMR/KMP? In the past, his buys have often been close to the lows.
  • scott
    edited October 2014
    BWG said:

    Any info on whether Richard Kinder has bought more KMI/KMR/KMP? In the past, his buys have often been close to the lows.

    Nothing on Yahoo finance, but if it happened in the last day or two, may not be on there yet (Warren's isn't on ETE.)
  • [Deleted User]
    The user and all related content has been deleted.
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