SFL is down a little today--maybe time to get some
I also bought EPD yesterday and today it is even lower and it pays 4.6% and has great color and Fidelity gives it a Buy recommendation! All the good that does, in a bear market!!
I also like RNF yield 8.9% at $40.26 dollars it is on sale here..
Maybe Mark is right that this is a correction of some magnitude!!!
I will not sell my refiners, as I believe that they will come back, and dividends are due soon, which will help with
the share price decline....
Oh, J Cramer said that it is time to get some NAT--he had the CEO on his show and Cramer seems to support
NAT as a buy--what do I know, except it still seems very early to get on board (funny)!!
Very best to all
Max the Sarge
Max, RNF is getting hammered, perhaps due to a USDA report that less acres will be planted. It seems to be sitting right near support. This is another example of how chasing a run-up can create a "trapped long" situation.
I have EPD also. In a world in which buy and hold is dead, EPD is a long-term holding. The stock got a little ahead of itself but this is an example where a "lower" yielding MLP has done very good over time.