Just read a report on MLP from L.B. Stated that sector is being impacted by a barrage of offering that are depressing buying power in this sector. Alot of company are doing deals before rate go up and unit price goes down on fear of interest rate hikes. Fear of interet rate hikes is the second big deal at this time in this sector MLP that grow there distribution in the mid to high single digit will do good Ben
Doing deals before rates go up sounds fine to me. I hope they are good prices. Some escaping before earnings. I'm not going anywhere. Would like some good news I'm sick of this interest rate news .You'd think it was the end of the world or the market at least. Luck to all.
Stock still looks good to me. If NRGY goes to $26 and still raises their distribution every quarter, explain why you would sell? If the price at the end of the year is at $26, that was represent over a 13% capital appreciation from today's price, which is not including the dividend. Do you think your alternative investments are going to produce this? Also, I have not noticed any flaws in the strategy of the company, have you? I will keep my shares and hope that Leham Brothers is right, because I will continue to make money on this nicely preforming stock.