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NuStar Energy L.P. Message Board

  • kerfinator kerfinator Jun 19, 2008 11:20 AM Flag

    104 weeks of distibutions erased in 4 weeks.

    It's easy to see why the 8.3% distribution is not holding this up.

    The fundamentals are shot, the distribution rate needs to go up to create a floor.

    They cannot raise it because of the cash crunch they will be facing....it must rise by stock depreciation. We are seeing that process in action today.

 
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