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Friday, June 20, 2008

EV Partners (EVEP) is down over 2 dollars as the leading MLP loser this afternoon. Regency Partners (RGNC) and Holly Partners (HEP) are off major fractions as the MLP index sits down 1 point. Crude is well off the highs as stocks sell off. If this gets ulgy in the last 2 hours we could see all commodities get sold.

Watching the tape carefully.

3 comments:

Anonymous said...

Any ideas on what's going on with EVEP today? More than average volume, but nothing extraordinary.

Also, APL is looking real cheap compared to the recent price movements of AHD.

joewxman said...

not sure...laddered in for a trade on EVEP. No news that i could find.

APL looks compelling to me in here at these prices and yields particularly since they are going to boost the distribution in future quarters. Secondary is out of the way so i think there is some upside. imho of course

Anonymous said...

someones been running for the door all day...