when was last time dmo cut.
in fact they just increased.
in addition when has edf cut.
edf has been falling for quite a while until now when it has started to rally.
both dmo and edf has strong management and i prefer to gof.
nice seeing u
i totally agree with u ,as u know on gel.
in addition have a large position in mmlp.
i truly like both of these.
also have a nice position in capl.
if gasoline remains cheap they will do just fine.
as u know i sold mwe the day the announcement was made.
if semple sells so do i.
a shame what they did to that company.
as for etp im in bout 40. if dist cut there it will be a blood bath.
love epd and bpl just aint committing new money to mlps until i feel this downdraft completed.rather buy on way up as it is i have more then enuf.i monitor investor villiage boards but just same ole same ole.
the old mwe board will always be the gold standard.
all the best
as on posted on hearing of the sale and after i read the small print i sold all my shares.
ill pay the taxes.
the stock,as i thought has cratered.
when i sold i felt there would be oppisition to the sale but didnt know about john fox being so vehement.
what he has said i had thought.
i not going to rehash all the pros and cons and i have no dog in this hunt but u must have rocks in your head to vote in favor of this deal.
i hope the no vote prevails.
john fox is the voice of reason.
good luck to all u long term holders of mark west.
its a disgrace what semple did to and for this mlp as well as screwing all shareholders.
only reason i can see for 3.00plus downdraft.
and if i am correct how do these sellers know.
someone must leak.
y doesnt sec invistegate this.
small holders never get this inside info.
tomoorow will tell story if i am correct.
hey i like b&w always enjoyed his posts.
also like FS.respect him also.
therefore when FS sold i took his lead and did the same.
ill pay my taxes.
invested the proceeds into bpl,eep,gel,and wpz all at cheap prices between the fri.and monday sell off.
got what i think were ridiculous prices and magnificent yields.
thx u mwe.
thx u FS.
but most of all will miss this board.
good luck to u all.
by the way i posted my sale of mwe right around the sale day.
mwe at the time was my largest holding in mlp land.
i hope u all were able to take part in the unbelievable oppertunity that the market recently gave us.
as for me the more bidders the better.
i just dont understand who is selling wpz and y.
as long as under 40. per share ill add to position.
i just became a shareholder at 39..
hopefully we longs will be proven right.
rrb i agree with u about oil and blp and paa.sold both took a nice profit right before going ex.
i have ltcg losses so love booking the gains.
also since no dist.no recapture.
waiting for the next big sell off to repurchase paa and bpl.
.love bpl in mid 60s and paa in mid 30s.
then will load up.
also still hold gel.love em.
waiting for them to hit mid 30s.
im very patient here and if u wait the market does give u gifts.
as for mwe completly done.
sorry they sold but semple knows more then me.
if he needs marathon to grow thats his call.
epd under 20 another steal as also ete at 45 or lower.
u never know in this crazy market.
hi ake and b&w
i unloaded all my mwe upon the news.
great ride and thankful for the profits and all your input on this great board.
sad day for me when i heard the news.
i loaded up on more gel (love the epd deal)lots of paa,many many shares of etp and bpl.
if semple selling im selling.
thats my thinking.
nothing forever but death and taxes.
good luck to u all.we made a great deal here.
i will continue to monitor board till it expires.
small float big profit taking.
in hands of nervous small investors.
spells a disaster.
still a well managed fund.
however sector under attack.
everyone tried to get out the door at same time.
samething will happen if everyone wants in.
no block trades did i see.
if yield hits 7.00%ill be buying bpl.
if etp hits 9%ill be buying.
epd is great co.just not in my wheel house.
also if gel hits north of 6% ill add.
whats happening imho is fund liquidation let em sell the above i mentioned are great co.s i dont mind holding
as for oil i have no chrystal ball what will be will be.
i sold out of mwe.
ithought bad deal however semple may know something we dont but y back into another gp.
paa also will get interesting.howeverdoesnt have growth of the above.
always interesting reading your comments.
ake nice seeing u
i finally sold all my mwe in spite of the taxes and recapture.
for such supposedly smart guys what a stupid deal.
makes no sense unless it benefits management.
well mwe in the past.
concentrating on good managements and mlps with no gps.
love what gel is doing they will be a force.
adding more here and bpl.
bought a load of glp on the cheap their management excellent and they have a lot of retail so cash flo not a problem.
and they are aquisitive.
however will miss mwe board was the best in town.
hoping we can move most of em over to here the gel board.
i see the growth now mostly in gel and blp.
as always best of luck will monitor this board and looking forward to your notes.
also noticed rrb here.
he has a good handle on everything in mlp land.
basically we used to be the only ones on this board.
the baby is growing.
ake i agree
but who would buy who.
both strong management
if it came to pass i believe mmp swallows gel.
just my opinion.
also watch for bpl to be involved in some deal.
was looking for a new addition what r your thoughts on etp as oppossed to ete.
its in the wrong business at this time with a small float.
what do u expect
and it aint going to get better anytime soon
good post hare and this is what i have been saying.
money is money and i dont care how we get it either thru tax deferred dist or growth which we sell with ltcg
i have loss carry forward built up over years.
plus mpc a great co to join forces with.
u need dist .to live on look at glp.
good management good assets and growing.
however in oil and derivatives business.
good luck after all these years to the longs and steady contributors to this great board.