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Crestwood Midstream Partners LP Message Board

  • paintedblk paintedblk Mar 27, 2013 6:25 PM Flag

    New long checking in

    Placed my 1st ever, modest chunk of CMLP into my IRA today. 300 units at $23.85. Of course it ended the day a nickel less, but my horizon is a bit longer than tomorrow. I like this company's nat gas model, decent cash flow, and assets. I think the future is very bright for nat gas in the U.S. Not every president will be determined to hinder the inevitable. I, as is common for me, took advantage of the recent secondary offering's customary price dip. I'm thinking $25 / unit , by year's end is pretty likely, with a nice dividend added to boot. If nat gas stays at it's current $4 level, we could see even more unit appreciation. Good luck to all longs !

    Sentiment: Buy

 
CMLP
22.64-0.03(-0.13%)Oct 1 4:05 PMEDT

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