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AmeriGas Partners LP Message Board

  • Paul44_1998 Paul44_1998 May 7, 2004 2:19 PM Flag

    Selling on weakness?

    Guess I have to throw my 2 cents in- I bought this about 3 quarters ago mainly for the income, 8% is very nice. It went up which is really nice, but I was still in for the dividend as I looked back through past years and seen the likely-hood of lowering or stopping it seemed slim. I'm still in this a little under what todays price is, but a few point drop I'll be in more. What I don't understand is why in the world would people be dropping their shares at blips on the radar screen. I have several shares of this and if the dividend stays at $2.20 I don't care what the stock price is (within reason). If it lowers more, then I'll be forced into finding more $$ to create a higher percentage return on my long-term money. I'm 48 years old and I'm starting to look for income instead of the lucky upside on certain stocks as I don't have the time, ability, or true education needed to research fundamentals of companies. I have techs that I would love to be out of, but stuck with hoping for the return. So, hopefully this and a couple others that I'm in for income will help while waiting on the others to hopefully recover. Again, just my 2 cents.


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