Hiland Partners (HLND) is another one that has been circling the drain as it holds barely above 14. Crosstex (XTEX.XTXI) continue their decent into the abyss. Crosstex (XTEX) has a 5 handle. Crosstex (XTXI) has a 4 handle. And they've already cut their distirbuion!
Another week coming to a close. Supposedly Hedge fund redemptions were to be announced by the 15th (tomorrow). If everyone sold ahead of it could we see a dead cat bounce rally next week in some of these things?
Wish i knew the answer.
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