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Friday, August 18, 2006

Somebody was willing to pay up nearly $1 on Valero LP shares. A 10,000+ share block crossed at the open at 50.98. Probably an insider buy. If it is i'll see the filing later today or Monday. If its something else...well we'll find out eventually. Stock is off its high and we've seen several nice up openings recently disappear by afternoon.

The AMZ MLP index is strong this morning up 83 cents right now probably being boosted by the VLI price change. Holly Partners is also up 50 cents here. Otherwise most MLPS are flat to slightly higher after the open.

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