Forbes does a positive article on ETP, insider buying and high div, but fails to mention the K-1.
I think whenever someone does a review of a mlp, they should remind readers (or warn them), that these companies require special tax forms, and extra work at tax time. It might be an attractive buy for a lot of people, but its a big fregan headache for others.
The insider buy was for 90 shares. Unbelievable. It was very funny when CEO bought a whopping 90 shares. Then it became hilarious when this 'writer' actually listed this as one of the reasons to own the stock. I like ETP and own a few more shares than what the CEO just bought. But this article is just terrible.
Forbes along with Zacks and M* have no clue on what a MLP is and anything different compared to a regular corporation. Agree the article is humorous. Gitree, I agree with you but even posting that information does little good as several hundred investors a year contact MWE, usually in January and February wondering when MWE is going to send out their 1099.