Seeking Alpha
  • Brandon Gibbs
    MMLP divy now over 9%
    11/8/11
    Reply (8)
    • Brandon Gibbs: whats that? you want to pay me to wait for a buyout? ok!
      11/8/11
    • Ocean Man: I had bought into that around 36, then tripled my position when it dipped under 30 in August. Its small cap makes it dive hard when there's
      11/8/11
    • Ocean Man: a panic sell, but look how steep and quick the V is back up on a 6-month chart after its 2 big dips. Right back to 36 both times.
      11/8/11
    • Ocean Man: Same with SDRL. When those drop and the yield goes over 10, people buy.
      11/8/11
    • Brandon Gibbs: exactly right ocean, trustworthy names with nice yield. I don't mind waiting for dips either
      11/8/11
    • Ocean Man: Everything dips at the same time, and not many people have MMLP on their list of things to buy on the next dip. That's an advantage.
      11/9/11
    • Ocean Man: Almost a sure thing for a 20% gain in a couple days, while some of the other high-beta names take months to get 20% back.
      11/9/11
    • Ocean Man: ELRC is like that too - keep an eye on that. I rode that from 14 to 17 twice this summer.
      11/9/11