MRLPs are not just pipelines. For example, ARLP is a coal MRLP. It, too, has been crushed. Hard to really understand why. It is not a financial instrument. Rather, it is the most basic of industrial commodities. I mean, we burn coal for electricity and we will still burn coal after the financial meltdown. Yet, the stock has been crushed. I think this is an over-reaction and it is a great buy here. but, hey, what do I know?
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MRLPs are not just pipelines. For example, ARLP is a coal MRLP. It, too, has been crushed. Hard to really understand why. It is not a financial instrument. Rather, it is the most basic of industrial commodities. I mean, we burn coal for electricity and we will still burn coal after the financial meltdown. Yet, the stock has been crushed. I think this is an over-reaction and it is a great buy here. but, hey, what do I know?
Sep 17 12:01 pm
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All Comments by epeon »Why Buy MLPs? Part II [View article]