Dynagas LNG Partners LP (DLNG)

"Doesn't Work."

Following up on Tuesday's "Because the World Cries Out For Extremely High Risk Short Term Trades".



From the AP via Yahoo:

MONACO (AP) _ Dynagas LNG Partners LP (DLNG) on Thursday reported a third-quarter loss of $654,000, after reporting a profit in the same period a year earlier.

The company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The gas shipping company posted revenue of $31.3 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $30.8 million.

Dynagas shares have fallen 29 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.74, a fall of 39 percent in the last 12 months.

Here's the backstory on the  "Doesn't Work", if interesed:

Ag Stocks and The Berlin Airlift (AG; MOS; MON; POT)