Subscribe to:
Post Comments (Atom)
adbrite ads
mystic monk coffee
investment strategy tips
joseph cioffi's Source Page - Associated Content
http://www.associatedcontent.comuser/505733/joseph_cioffi.html
joseph cioffi's Source Page - Associated Contenthttp://www.associatedcontent.comuser/505733/joseph_cioffi.html
About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
FEEDS AND OTHER BLOGS
seal of approval
OTHER INFORMATION
OTHER INFORMATION
4 comments:
what are your thoughts on MMP. its down 8.5% since i bought. is it time to pick up some more.
not sure whats going on there. No downgrades or news. It keeps growing their distribution quarter after quarter so longer term it still looks good. It always makes you nervous though when it goes down like this on a day when most MLP's are higher.Its way off its 52 week high so it is cheaper than it was weeks ago.
If you look at the general partner (MGG) you'll see that it is doing well in comparison. Because MGG is a leveraged play on distribution growth at MMP, I'm sure it would be tanking if there was a fundamental problem at MMP.
i agree.MGG has more upside.
Post a Comment