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Tuesday, March 23, 2010

Inergy Holdings (NRGP) is down another dollar today and its touching its 34 day moving average for the first time since back in September. This one has gone from the mid teens to the mid 70s (anyone buy downthere???) so its entitled to a long deserved rest while others perhaps move to the front of the line. The mlp index is at 300 on the nose as of this post and up fractionally on the day. No big movers of substance in either direction with the except of the above mentioned Inergy Holdings and Linn Energy (LINE) which is down on its stock offering. Holly Partners (HEP) is a 75 cent winner today. And the Buckeyes (BPL,BGH not Ohio State) are down fractions on their downgrades.

1 comment:

Max said...

Cramer also put out a sell recommendation on LINE. As usual, Cramer's friends and buddies probably front ran his comments.