On or about May 5, 2005. Visibility will help this stock, along with the Master Limited Partnership IPO hitting the market. Hey, RRB, are you going to pick up any of the Transmontaigne Limited Partnership (TLP) units, or are you sticking with the General Partnership (GP)? I'm getting excited about the next month or two.
I plan on picking up TLP if the price is right. I also plan on picking up some more TMG if this weakness continues. Lots of bargains showing up, my serious watch list has probably grown to maybe 10 or 12 companies, whereas a month or so ago it might have been 5. Just a lot happening.
Hey rrb1981, I could not agree more. TMG is very cheap here. Forget the upside...it's the extremely limited downside that gets me excited - this thing is so asset rich and management is improving the capital structure by leaps and bounds with the new TLP issuance and the Morgan Stanley contract. Curious as to what names your "bargain list" is showing. I am currently looking at MERCS, ABXA.OB, and WSRT.OB. Would be happy to elaborate on these if you like. What are you looking at?