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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
6 comments:
CEP -7.00%
Even if they cut the distribution by 50% to $1.125 that would still yield 10.22%
What the f*ck is going on with these things? This is just a damned disaster today.
Sorry folks but Joe's capitulation didn't signal a bottom, it just signaled another leg down.
Glory!
It's so bad today that even KMP is down! Now that is saying something!!!
i really wish i never hear the words master limited partnership. these things are pieces of shit. i am stuck holding these shit bags and watching my portfolio sink every damn day. if they are such great investments, why are there tons of seller everyday? if the value proposition is so obvious where are the buyers?
Feels like a capitulation trade going on today. Someone is just throwing in the towel and doesn't give a damn what the price is. I cant say I blame the guy. These are painful things to own.
Whoop there it is. CEP -8% now...ALL IS WELL. 21% YIELD!
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