Friday, January 05, 2007
We have stablized at lower levels and i guess its just better to leave well enough alone and go home for the weekend. Valero Holdings (VEH) is up 36 cents and Holly Partners(HEP) ,Trans Montaigne (TLP)and Calumet (CLMT) are the only winner with miniscule gains. Everything else is down fractions to a point. Hiland LP (HLND)and Energy Transfer Partners (ETP)are down 1 point each.
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joseph cioffi's Source Page - Associated Content
5 comments:
Joe,
LINE just didn't budge and, altho it came close, didn't make my entry point by 10 cents. Interesting that it closed one penny higher than yesterday.
carlos
Its really holding up well here...i think the nearly 7% yield puts a floor underneath it at 30 or so. IF and its a big IF that the correction in MLPS has run its course..this one should run back to 33-34 fairly quickly...imho of course.
btw it traded a bunch of shares at 30.41. The last trade was 100 shares at 30.26
Thanks for the reply, Joe. I left my buy order intact, just in case it drops down again altho I'm inclined to share your comment that 30 seems to be a good floor.
Carlos
Joe,
Please see my comment to you "undervalued?" query on the LINE Yahoo message board. Thank you for all your efforts to keep the MLP investment informed
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