• Ocean Man
    I've seen some people trying to jump on the pipeline MLP bandwagon after seeing Hillbilly report 30%+ gains on PAA and OKS and me report 30%
    1/13/12
    Reply (12)
    • Ocean Man: on KMP since my dip buy this summer. Some are buying high now, while Hillbilly was selling half of his positions to take gains. I got that
      1/13/12
    • Ocean Man: gain on KMP by buying low, and the drop occured when they announced a secondary offering. These SPOs are usually sold for 5% under the
      1/13/12
    • Ocean Man: current share price, which makes the stock drop 5%. The current shareholders expect to recover that 5%, plus you get a nice yield on MLPs.
      1/13/12
    • Ocean Man: So instead of buying high on the ones that have already run up, I'd suggest buying those who just announced offerings and fell 5% - these
      1/13/12
    • Hillbilly Stock Star: LINEQ.......looks buyable on dip imo, 340 wells for 2012, Long.
      1/13/12
    • Ocean Man: could be the next to rise big. LINEQ just announced yesterday and dropped 5%. I bought this one today. They're more E&P rather than pipeline.
      1/13/12
    • Ocean Man: LINEQ is 13% off its highs and gives you an 8% yield while you wait to recover that 5% and more.
      1/13/12
    • Hillbilly Stock Star: PAA, OKS, WES,.........staying long in moderation, Ray James+ Morgan Keegan modest bulls imo.
      1/13/12
    • Ocean Man: Another is Copano CPNO that just announced a secondary yesterday and dropped 5% today. This one is a pipeline, but is more nat gas-focused.
      1/13/12
    • Ocean Man: This one CPNO is 10% off its highs and gives you a 7% yield.
      1/13/12
    • Hillbilly Stock Star: TRP......IF, big IF, Keystone XL approved could be " Game On" for pipe imo, Long small position.
      1/13/12
    • Hillbilly Stock Star: CPNO......on my buy radar too! LOL!
      1/13/12