MASTER LIMITED PARTNERSHIPS

Tuesday, September 09, 2008

Someone is unwinding a position and it has been a brutal unwind. 18 mlps are down 90 cents or more.. 8 are down 1.40 or more. 2 are down 2 dollars or more. Atlas Pipeline Partners (APL) has a 29 handle on it. The mlp index is down nearly 7 points at 253.60

3 comments:

Anonymous said...: Is any of this due to LEH being down 20% so far today ?; 9/09/2008 10:56 AM
Anonymous said...: LEH is a HUGE holder of MLP's via Rachlin portfolio. LEH in full court press to stay afloat. Wholesale liquidation of all MLp at LEH to get revenue. Personally, I feel that Rachlin may go belly up, despite long time good performance.; 9/09/2008 11:06 AM
Anonymous said...: I think that is and has been affecting performance of mlps for some time now.; 9/09/2008 11:55 AM