a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
Tuesday, June 19, 2007
Regency is bidding 1.27 above the close...asking 35.
not sure whats going on there. No downgrades or news. It keeps growing their distribution quarter after quarter so longer term it still looks good. It always makes you nervous though when it goes down like this on a day when most MLP's are higher.Its way off its 52 week high so it is cheaper than it was weeks ago.
If you look at the general partner (MGG) you'll see that it is doing well in comparison. Because MGG is a leveraged play on distribution growth at MMP, I'm sure it would be tanking if there was a fundamental problem at MMP.
what are your thoughts on MMP. its down 8.5% since i bought. is it time to pick up some more.
ReplyDeletenot sure whats going on there. No downgrades or news. It keeps growing their distribution quarter after quarter so longer term it still looks good. It always makes you nervous though when it goes down like this on a day when most MLP's are higher.Its way off its 52 week high so it is cheaper than it was weeks ago.
ReplyDeleteIf you look at the general partner (MGG) you'll see that it is doing well in comparison. Because MGG is a leveraged play on distribution growth at MMP, I'm sure it would be tanking if there was a fundamental problem at MMP.
ReplyDeletei agree.MGG has more upside.
ReplyDelete