Cramer thought NRGY was OK when it was trading $37-38 after the last meltdown. Rallied to $42. My bad for not getting out, but the 7%+ distribution yield looks sustainable and NRGY should recover $2-3 over the next several weeks.
Agree. I'm sorry I held so many of my MLP's over the dividend/distribution this quarter. On the other hand, I had become underweight by trading, so I only took profits where I was up 40% or better. So the answer is to take profits at the next run-up. Nothing wrong with accumulating 7% plus and being ready for July.