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Tuesday, September 07, 2010

General Partners that trade are higher like Nustar Holdings (NSH) up 29 cents and Energy Transfer Equity(ETE) which is up 50 cents. The MLP index is down 1 and some change but off the lows with the overall market down about 65 on the dow. Enterprise GP Holdings is up nearly 6 points on the merger with Energy Products Partners (EPD) which is down 41 cents. Sort of a watch your paint dry kind of day really. Nustar (NS) is the biggest loser down 1.50 i suppose because they may next to buy out the general partner. The chairman of Nustar holds tons of shares in Nustar Holdings as well as Nustar and has been making open market purchases on a regular basis.

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