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Ship Finance International Limited Message Board

  • madmax_194752 madmax_194752 Feb 21, 2013 9:53 AM Flag

    0/T LNCO is Hot, EPD is Not.

    Hello board
    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

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    • 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.

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