badbernanke: I respect your opinions and will say upfront, I am just learning about MLP's. I just applied to join the Yahoo group. I was wondering if you have ever looked at EXTX? They pay a huge divi and the Yahoo XTEX board seems to think they are a strong company. Any thoughts from you would be greatly appreciated!
I have owned XTEX in the past but do not currently follow it closely so I am not in a position to comment upon it.
It is not necessarily a good thing to rely upon board comments for reaching a conclusion about the strength of an investment. I have found comments on many boards to be an amalgam of emotion, hope, despair, wishful thinking, sometimes mixed with some analysis. In taking any board comments into account, you really need to have a sense of the commentator's historical comments, his/her objectivity and source of data, as well as your own analysis of the financial data, company presentations and quarterly earnings explanations.
I recommend that people take my comments with caution and always make their own independent analysis because I am also subject to incomplete data, interpretational error and lack of complete objectivity (since I often invest in companies I comment upon otherwise I wouldn't follow them as closely as I do).