MASTER LIMITED PARTNERSHIPS

Friday, November 21, 2008

Goldman upgrades Crosstex (XTXI) from sell to neutral. Stock is at 3 dollars! I guess this is a good time to upgrade since we've gone from 25 to 3 fairly quickly!

4 comments:

HighEnergy said...: Recent 13F filings from Goldman indicate they are liquidating their MLP holdings across the board.; 11/21/2008 10:57 AM
joewxman said...: well at least we know who one seller is!; 11/21/2008 11:24 AM
Bruce said...: Of course, such liquidations tend to cause others to sell, too.

This whole thing (and I mean the market, as a whole, not just MLPs) is amazing to watch.

It has become hard to even imagine things returning to "normal."

Bruce; 11/21/2008 11:43 AM
Unknown said...: It looks like at this rate there will be no banking system left when Obama takes office.

JPM down 12 %

BAC down 8%

WFC Down 10%

C Down 16%

IMHO MLPs and the market can't rally unless the banks stabilize.

BAC and Merrill seem to be the next crisis after Citibank.

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I just have one MLP left, CPNO and it is just amazing the hit it takes every day.

HS; 11/21/2008 12:15 PM