Q: I am trying to track down a pipeline company someone recently mentioned, along with enbridge and others. It trades at less then $1, and has dropped in price considerably in one year (maybe 42%). I think the ticker starts with T, and has a sister company that deals with diesel fuel. If you know of it, do you have an investment opinion of it?
Sorry for so little info to work with.
Sorry for so little info to work with.
5i Research Answer:
We are going to need more info; the closest we have meeting these criteria is TELL, (48 cents), at $400M market cap. The stock has been crushed; it has a lot of debt and negative cash flow and we would not have interest in it.