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, January 15, 2008
Selling off with everything else. down 2.66 on the index at 295 and change. Its just ugly out there. Dow desperately trying to hold 12500.
SGLP is a wonderful example of how crappy MLP's have become.
ReplyDeleteThey announce a good sized drop down and a 0.40-0.50 annual distribution increase and it drops 2.25%.
Why bother trying to buy these things???