The reason the stock was punished so hard was this bit of news.. Text
taken from trading times...
Ridgeland, MS, APR 20, 2009 (EventX/Knobias.com via COMTEX) -- BBEP |
Quote | Chart | News | PowerRating -- BreitBurn Energy Partners L.P.
(Nasdaq NM : BBEP | Quote | Chart | News | PowerRating) will host a
conference call regarding Results of Borrowing Base Redetermination,
Temporary Suspension of Distributions and Full Year 2009 Guidance.
OK... Temporary suspension of dividend distribution for the full year
I'm in this long... I'm still staying... and will buy more when it
goes lower, IMO this is not the bottom, but add this to the dozen divi
stocks I own that have dried up temporarily.