You mentioned a few days back you were all in. Other then MPO, and APL(?) what were your stocks? Just curious and understand if you don't disclose. I'm in MPO, still in SD giving it a while now to see what TPG activism can bring. In PGH as a dividend play, risky, but no so if NG can rally.
JWO, I stay almost fully invested all the time. Am fully invested, bought some before the first of the year. MWE, ETE, ATLS, midstream area, which is most of what I own. Also bought ARP as nat gas play, think it could be over $30 by year end. Not sure I would buy the midstream cos now. Still think APL is as good a buy as any now. Would buy more MPO under $8. They prevailed on LA lawsuit, which is what brought them down to begin with. They are probably a better buy now than the IPO, much better. Thought I might go into margin if we got a down draft that most were expecting, didn't happen. LPI is a good Permian play but has moved up also. If APL drops materially from here would buy, it is a MLP so you have that issue. EVEP seems undervalued with Utica asset. I do still have some SD also as trade, but under water at the moment. Seems the downside is limited at $5+. We need a pull back, but I'm not very good at short term calls, seems that the longer term is still fairly positive. I wanted to buy BPL and SEMG but they both have moved, good oil infrastructure plays.