jamookey

Attractive Outlook for MLPs Following September Lows

CT, well done.Unfortunately I bought MOS at 90$.I did buy more today.I agree with you,a .10 miss and they sell off 26$?Does'nt makes sense,but then again what else have the shorters to go after?I wouldn't worry about OKS.I been in since '02 when it was NBP and I have never been sorry I bought it.There aren't many pure natural gas mlps.Just sit back a collect the divis.

Attractive Outlook for MLPs Following September Lows

Good post,CT.I own OKS and have read nothing that would reflect a drop in price.But then the markets are manipulated and nothing makes much sense anymore.Look at the sell-off in MOS.Are we to believe that farmers will not plant crops next spring?Does anyone believe the world is going to drive that much less to warrant the drop in oil?I doubt it.Smoke up our butts.Somebody is making a fortune on the manipulation.And still Wallstreet wants us to pay for their mistakes.What a great country!

Attractive Outlook for MLPs Following September Lows

I have been in OKS,EPD,and a few others, for more than five years.Needless to say I am pleased with the performance.As liquidations occur I use the opportunity to buy more shares.At the prices I paid for shares,I am averaging about 11% on my investment.I find it more appealing than treasuries issued by a government so in debt that it will never be able to dig out with more debt to come if the bailout is approved.As the dividends roll in I subtract them from my purchase price per share.At some point I will own these shares for nothing.Yes they do flutuate,but so do bonds,and the bond market confuses and scares the hell out of me.I don't understand why more fixed income investors don't look more closely at MLP's.As the author correctly states,energy and the movement of it through the country will continue to grow thru the years.Good article.