In the next two weeks we will know if .24 will hold, I read where Hanna believes we will be okay, market seems to be improving plus new insider buying are all good signs for us. We have all felt the pain from a down market, sure is nice to fell the sweetness of better days, hope it continues.
Line & Breitburn have taught me a good lesson, one I`ll remember for a while. Thank GOD I can afford it, that`s the type of tax circumstances I`m talking about. I`ll bet you have not been lucky in every choice you have made.
I missed out on the lower buy-in on NRZ about three months ago , definitely seems like a well run Co., another good opportunity not taken advantage of.
Appreciate your time on this post, especially since you`re selling out, someone took this as a positive because of the move to the up-side.
bk, have You ever taken the time to talk with your Tax Agent or CPR concerning this situation, no harm intended here, just gotta tell You there is a very big difference,as a unit holder You are a partner, you`re right the tax treatment is a very big deal though, as a stock holder you just have shares in a Co. where You only pay taxes on your dividend. I`m still learning, sometimes the costly way.
I kinda fell in love with this when the divi. was .27, since the small cut-back because of the scare of interest rate hikes I`m just seeing this as a good time to unload a few shares, just a little to heavy here, I still have confidence in management though.
I have not reached retirement age yet, LORD willing I am planning on rolling over 401K & pension over into a self directed IRA, my free cash account is about $24,000.00 less from my all time high, I hope now I have learned the hard way to be better educated for money I will depend on for living expenses, want be investing in any E & P Oil Companies, the pipes are the way to go.
Looks like the easy money has been already bought, moved up pretty fast. I see You as a wise investor & mid-stream assets more safe than other parts of MLP`S, wish I could have gotten in a little earlier. There will likely be more upside here with the upgrade & insider buying, this is one of several I have missed out on, CEQP-$8.00 NOW $22.00, AMID $4.00 NOW $12.00. I`m going to keep holding CLMT. one day they will make a come-back also. Oil & Gas is looking better everyday. Steve, do they send you your Tax work up material or do you have to copy it off their web-site?
Sorry to say I bought in on a higher peak, not wanting to jump off, gonna hold hoping they or imation can get this back on track, voted for AI board which may be another mistake, someone lost control along the way.
I`ve saw the DOW go from 14,000 to 18,000 & then back to 14,000 again, just broke 18,000 again. If it could hit 22,000 in my life-time, I could be a millionaire, that`s some pretty high shooting there, topgun.