Seems like I was right and now that the little mix up in the Middle East has started, we will need all our oil! Smarts have been buying and now the shorts have to cover. See you in January after collecting $$$.
Oil is definitely bottomed. This does not make sense. Will we be going to war in Syria? Might be the funds are just taking their shares our of support then they buy on the lows each day until they have shaken out all weak hands. Could be that they want more shares because of WTI issue going international. So many things are just upside down.
Agree, by magic when distributions are ready to be paid, oil will rise above $50.00. That is when all the foolish will see their folly.
635,000 shares. But they haven't put their shares back on market for support of stock price. Waiting to get more shares. They won't compete against their selves. Just wait until distribution and see the price action.
is it time to get back in? Debt seems out of wack compared with previous years but someone must know something?
Think that was a private sale getting recorded?
I picked up some at $144.00 too and added another 100 at $145.00. Might retest $139.00 and if it does I will buy 1000..
is at the bottom. Cannot agree more. Why would you not want to collect distributions off of MLP's while in bottom process. American oil is safest too. Majors have exposure to Middle East.