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Friday, June 20, 2008

No news but Dorchester Minerals LP is soaring on 200k volume up nearly 3 dollars going into the close.

MLP index down less than half a point right now.

3 comments:

Anonymous said...

joe
dreiser139here.
dmlp has the feel of a special distribution coming
good investing
dreiser139

joewxman said...

that was quite a move today on volume. Maybe we'll hear something on Monday.

Anonymous said...

Joe,

In regards to your earlier comment with APL....

I agree with you that it is one of, if not the, most undervalued names in the space.

With projected distribution growth of 10% over the next two years, a yield fo 9.5%, and a good majority of production hedged in latter years, it's hard not to see a ton of potential price appreciation with a nice margin of safety.