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Tuesday, October 27, 2009

Nustar(NS) is beginning to gather some steam after the earnings and conference call. The company appears upbeat and the stock now leads the mlp list as the biggest winner up 65 cents so far today. It usually takes a while for mlps to react to news. I dont know why that is other than the group is not the most widely followed...which is why most of us are here to begin with. By the way im excluding the Hilands as that couple is up 25+% today on the raised takeover bid.

Markets have a firm tone to them so far. Lets see what happens when the 1pm crowd arrives. Support seems to be holding so far.

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