I don't think this is 'attractive' until the yield hits 6%
I think at the very worst days in 2009 it may have touched 11% for a day or two, it was 10 for a few weeks, I loaded up there at 18.50, that money is now yielding over 15%, not to mention all the units i have gotten producing more units and so on and so on since then. This will not be hitting 44 again unless it splits 2-1 at some point. The U.S. will be the number one energy producer in the world inside of 10 years, you think pipelines might do okay in that environment? I think so.