tag:blogger.com,1999:blog-14273196.post6191527128270321805..comments2023-10-18T09:22:15.168-04:00Comments on MASTER LIMITED PARTNERSHIPS: joewxmanhttp://www.blogger.com/profile/05678926303802629952noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-14273196.post-57011949005193502172008-11-10T11:27:00.000-05:002008-11-10T11:27:00.000-05:00APL has been a known risk for well over a year. Pe...APL has been a known risk for well over a year. People who invested in it were either informed and willing to take a large gamble or were uninformed and lured by the large yield.<BR/><BR/>Which category did you fall in?<BR/><BR/>Either way, you should have no complaints and no one to blame but yourself.<BR/><BR/>BruceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-77649844065396822012008-11-10T11:08:00.000-05:002008-11-10T11:08:00.000-05:00At the current rate of decline: APL will be at zer...At the current rate of decline: APL will be at zero in 15 days and AHD will be at zero in 10 days!<BR/><BR/>These two stocks are the 2 biggest pieces of shit I have ever owned.<BR/><BR/>The companies are run by a guy who is big on talk and small on execution. The mid-continent purchase from Anadarko have been an unmitigated disaster. They reached too far and now they are f*cked. But not to worry, they'll hold another investor conference and tell us "all is well"<BR/><BR/>Are there any guys running MLPs that are worth their pay right now?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-76050480778435813152008-11-10T10:50:00.000-05:002008-11-10T10:50:00.000-05:00Certainly the G&Ps, as a group, have been unde...Certainly the G&Ps, as a group, have been under pressure. IMO, it is mistake to lump them all together. First, MWE and CPNO (to use two examples that I own and have been adding to) are vastly superior companies to APL. Second, people seem to believe that commodity prices will go down and stay down forever. That is just as silly as the notion that energy prices would keep going up forever.<BR/><BR/>The time to buy quality companies is when their prices are down--not when they are moving ever higher.<BR/><BR/>Is there risk? Absolutely.But there is also reward.<BR/><BR/>BruceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-37825539929672607692008-11-10T10:19:00.000-05:002008-11-10T10:19:00.000-05:00Agreed. Look at APL, people have been saying that ...Agreed. Look at APL, people have been saying that one is cheap since $30...It's been a nightmare...<BR/><BR/>The forced liquidations never seem to cease for the gathering mlps...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-36619060700703928592008-11-10T10:15:00.000-05:002008-11-10T10:15:00.000-05:00All the gathering companies seem like value traps....All the gathering companies seem like value traps. They have been "cheap" for over a year and get "cheaper" by the day. If liquids prices keep falling, the G&Ps will have a hard time. The only one that makes sense is WES as its a fee only operator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-9372867289601449532008-11-10T09:45:00.000-05:002008-11-10T09:45:00.000-05:00From everything I can gather, MWE is the proverbia...From everything I can gather, MWE is the proverbial baby being thrown out with the G&P bathwater. Of course,since I own MWE(and have been adding recently) I really want to believe that!<BR/><BR/>I have also been adding some DPM, but the case for DPM is weaker.<BR/><BR/>BruceAnonymousnoreply@blogger.com