i never buy the reco with the sheep.... expect a pop monday as the 9-5 weekday job slavers catch up on email and buy on mon-tues next week. i'm going to wait until after the govt shut down and blood moon fears become full blown over the coming weeks to start accumulating stuff. also, like you, will look for similar class assets (ETF) not the specific reco if you believe the fundamental story and want to avoid the impact of lazy sheep popping the prices of the specific reco.
what about $8? 80% mid stream in here. Yield and holdings look amazing, but keeps tanking. Is something too good to be true?
That's not backfiring in their socialistic view. They want more people dependent on govt to survive. They buy votes that way. Those 45+M on food stamps (paid for by taxing the middle class who still have jobs in the private sector) are slam dunk votes for the Democrats. Why not add another few million to that if you're a Democrat in DC? Why do you think the work force participation numbers are at multi-decade lows while at the same time new jobless claims are also at record lows? It's because many just don't want to go back to work, or can make it by without having to if they qualify for benefits and make a little "low profile" cash income on the side. All those votes are going to Hillary. If you do have a job, keep working and paying your taxes. Many other's depend on it.
As expected, Obama's going for the jugular when energy prices are at a temporary unsustainable low due to Saudi Arabia and Iran.... doing it at a time when the average American won't notice the difference in the short term. After much nat gas & oil E&P gets shuttered, along with coal mines, and LNG exports begin, there will be extremely painful price spikes in electricity and gasoline hurting the lower and middle class American. By then, Obama will out of office passing the blame. Mission accomplished in his book.
Its shouldn't be as this form of energy has even less carbon footprint than wind/solar. (Yes, those have a carbon footprint in their manufacturing. Check the facts.)