I think Gomes is farily smart when it comes to the market. He knows who to pump stocks at the right time and the unload them at a higher price. Using Seeking Alpha for a forum which has a huge following has greatly helped him.
How much he knows about true company value remains open to suspect. But then again the stock market trading game is not about value but about buying and selling pickled herring.
1. Interest rates are expected to rise due to the expected termination of Fed QE
2. Corn prices remain low and removal of ethanol requirements by the Fed which could lead to a drop in ethanol usage and corn demand which would could keep fertilizer prices low.
3. Profit taking. MMLP is still up about 30% on the year which is way in excess of normal long term appreciation. At $48 it was way over priced given MMLP's distribtuion yield and Moody rating. MMLP's historically have generated an annual return of between 15% and 20% including distributions.
No idea why you are trading a MLP? MLPs are long term term investments based upon industry fundamentals, company fundamentals and five to ten year forecasts.
The only signficant things that have happened to MMLP in the last six months is the buy in by Alinda and the cancellation of purchase of some property in TX that was to be used for a $500 million CapEx investment.
One could add rising interest rates but as a long term investment that could be positive, negative or neutral depending upon a number of things including future CapEx opptunities and the projected ROR which could actully still be very good depending on a number of factors. Of course short term rising interest rates will drive the price of MLPs down but over the long run reinvestment of distributions could be yield a very nice long term return.