looks like out of all the MLPS this stock is turning into one you should avoid.
I don't know, PSX jumped 2+% today. Raising its divy. I wouldn't give up on PSXP. JMHO.
I was thinking the same thing about dead money until PSX does some drop downs,then everyone will want this.Float is small,so should take off when we get some demand.Ground floor now,looking for fast growth.
I agree, dropped today on low volume.
That's what I'm thinking as well moweenfarmer. Trading at a rich price right now considering the starting distribution will only be around $0.88/year, but I see plenty of growth ahead.