daytrade diaries... friday, page-19

  1. 5,331 Posts.

    looks like AOE has made an offer to buy BPT's 40% stake in the Tipton West CSG field for up to $400 in cash and stock.

    Although not surprising, it gives AOE 100% control in the Tipton West field.

    The $400 million pricetag might dissapoint the market a bit as it is only mid-range on the possible valuations.

    Could see BPT fall on open, might be a good rebound trade if it gets overdone.
 
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