Seeking Alpha
  • Philip Trinder
    Weekly Snapshot report: http://bit.ly/14pysTb $ETP $NS $PVR $NKA $LRE $FGP $NMM $RNO $NSH $UAN $ALDW $EMES $CMLP $KMI $GEL $SPY $$
    7/28/13
    Reply (5)
    • Clayton Rulli: Cool. I like GEL, wish it would pull back. What's your thoughts on $FISH? Is it too small for a keeper?
      7/28/13
    • Clayton Rulli: I was reading through the S-1 http://1.usa.gov/13pM8gS The GP IDR increase seemd a bit steep to me.
      7/28/13
    • Clayton Rulli: GP will get 48% of distributions in excess of .4025/quarter, which is only like 15% higher than the current IPO distribution rate.Thoughts?
      7/28/13
    • Philip Trinder: Responded with general thoughts on $FISH where you asked earlier, you are reading the IDR structure incorrectly, see page 74 in S-1
      7/28/13
    • Clayton Rulli: Thank you Phil, sorry about that foul up. Pg 74 looks alot better to me. I agree with your com.- $FISH too small, must throw it back 4 now
      7/28/13