Dennis Gartman is an analyst who writes ":The Gartman Letter". Until yesterday he was about the only analyst who still liked coal. Gartman appears often on CNBC and yesterday said that he has sold all of his coal holdings. More bad news for the coal industry.
gotta watch out for Gartman- he is long one day, and short a few days later. He is a trader, not an investor
but I will wait to sell 12.5 puts once yield on units gets closer to 11% (where it could be argued should be, considering upstream MLP's like LNCO and QRE yield 10.4-10.9% but have less risk of distribution cut than does NRP,, IMO)
You are correct dy2. Seems almost a rigged market when the analysts who appear on CNBC can recommend stocks that they have already bought or comment after they have sold. Gartman is not alone, they all do it.