I pulled out of KMI and PAA and put my midstream eggs in EPD and MMP. Building a core now might trade around it a bit as the position builds.
This will be interesting to watch the Grand Ayatollah juggle priorities. The stability of there government will depend on how well he performs.
What's happening? nothing Unsual . MMP and my EPD are volatile. Not unusual for them to go lower going into ExDay and bumping up big when the Distribution is paid. I stopped reinvesting the Distribution because I was buying at high prices, much prefer to add on a low like last week. Earnings might cause movement but probably shorty term.
William, There's no doubt the Iranian people have needs as well as long simmering hostility to there government. There will be a power struggle for leadership on allocation of resources. Swords or plow shares ? I bet swords get the bulk with Russia supplying there "humitarion" needs :)
I agree with jh FSC is now a official penny trade stock. For FSC to again become a in vestment the air must clear of legal issues and NAV valuations. I look for funds to move in when they think the legal issues are mute.
Funds will move into beaten down high Dividend stocks at some point. The funds will sanitize the toxic and package and promote them back to retail.
Have not noticed the usual gaggle of weasels that infects when ever PPS falls. Other than Jimcooper and biscuit everyone else was looking for answers.
Investors don't care what sore losers in life post on a MB. There nothing of importance posted pro or con on this MB. Just read a bit and laugh and be glad you are not one of them.
Rod, what part of you torso will get Janet " tattoo? If you cannot make the decision you might be Fed material:)
Jimcooper, if the charges in the law suit are substantiated and all concerned are deemed guiltily as charged, what might be the outcome ? Who would pay the fines, the guilty or the shareholders?
The suit is against the action of individuals of FSC management for the benefit of investors is my take. Everyone is welcome to the own opinion.
Started position at $5.55. Would prefer to add going up than down. Also added to EPD and MMP and closed out Covered calls on them..added some RSO/B.
Iran will be selling oil on the world market with out the big discount to China, so they will have more revenue to advance terrorism worldwide. There will be jobs in Iran for American guest worker(hostages) as there production increases.