This is long past being a bargain but the energy sector is in such a rout, I'm trying hard to not pull the trigger lest I catch falling knives. I can't remember seeing this kind of action ACROSS THE WHOLE SECTOR and moving to the other fringes like TGP.
I suspect the turn in energy will be VIOLENT but I have no time frame when that might occur. At this rate, gasoline will be 75 cents a gallon.
You must be informed before calling people an imbecile else you become the donkey.
The SEC regulators have allowed HFT for at least 3 years.
When was the last time someone went to jail for insider trading or worse.
The corruption is at all levels of government.
Do u know who Mary Jo White is? Check SEC. Senator Elizabeth Warren and Mary Jo white.
You must learn to keep up with what is going on before inserting foot in mouth.
It used to be, maybe before your time, that migrants would work the fields and after harvest go home. Not any more. They stay here indefinitely.
Talked to a social security lawyer recently and he mentioned a illegal that qualified for SS benefits having worked 10 years in the USA. Ten years and couldn't speak any English. Had to get a interpreter to communicate with him. Incredible.
Personally I'm getting tired of hearing press 2 FOR SPANISH. In any event I stand by my post that we are early stage Yugoslavia.
It does no good to grab a stock paying 8% and then watch the stock drop 20-30%. Takes a very long time to make that up.
This market is a casino and will get much worse going forward. The only stocks that are doing well is what wall street wants. Amazon, Facebook, etc. It is a rigged market and the regulators are in on it.
I've never experienced corruption on this level in all the years I've been alive.
There are quite a few MLP's that increase divvy's 2-4 times a year. I have 4 that have increased distros every quarter for years.
If you would be so kind to back back and find that post you will see I said that usually all countries that allow unchecked illegal immigration break apart into 4-5 nations. They break apart in relation to LANGUAGE, Ethnicity, culture and religion. I never gave a time frame of immediate. But whether you want to believe it or not America is early stage Yugoslavia. The America that you and I grew up in is gone forever. I hardly recognize it today.
What if oil goes to $30/barrel. What price do u think EPD is going to trade at??
Sit on your money. Throw your mouse away and sit back. Make popcorn.
Yeah. Google, Face^%$# and Amazon..Before you know it facebook will be worth more than Exxon, Chevron, and Conoco Phillips COMBINED.
What's 10% when investors are off almost 30% from the highs. These energy stocks will never recover unless oil gets over $70/barrel and that isn't going to happen for at least 18 months. The world is awash in oil. And it really doesn't make much sense since GEL is not a commodity play on energy. Out with the bathwater.
Sure it is. The stock has fallen 21% from its high in Aug 2014 and today we are down another 6.5% because management wants to buy assets so does a secondary on practically the low stock price for the year. Meanwhile investors in this stock and many other MLP will wait a very long time to get even again.
Keep your money in CASH. The dollar is getting stronger and will for a long time.
I'll just buy Altria and get rich with no secondary's on the low for the year.
That changes things for me. I do whatever it takes to make sure I pay no income tax on dividends in non ira accounts. I will have to move the shares to a tax deferred account. It is my way of "winding down" so the government gets less tax to keep playing war all over the world.
Cannot find any info about federal tax consequences for GLOP. There is a form 8937 but I have never seen that form before.
Looks like some income is non dividend.
Anyone know how to handle the tax?
Buy lower. I'm guessing around 25-26.
I have never understood why "investors" will not wait until the market or stock has changed direction to buy. Why is it that most enjoy catch falling knives?
But not just it. Even with the distro coming up TGP will see new lows for 2015. The chart has a major breakdown so I would use caution buying any at this level.
Who cares what this firm says?
Why is that none of these firms ever issue a sell except at the bottom of the market?
LOOK AROUND. The world is awash in oil. Why can't COP see 52 or 45?
IN? Who wants to be IN when the oil sector hasn't stopped crashing??
Just where do u "investors" come from?
I'd be very careful about buying at this level because if the price drops below $60 there is nothing but air under that with no strong support until around $45/share. Weak support at around $52/share
DPM hits new lows almost every day. It has now surpassed a 5 year low. It may take a lifetime for many investors to ever recover from this crash.
This is one stock to stay away from. Best to buy stocks going up and forget about a 100 to 1 long shot on this money destroyer.
I still think oil will fall to $35/barrel. The world is awash in oil. So much oil and no where to store it now. Every ocean tanker is full. Every on shore storage facility is full. There is no place to put the excess but the shale drillers keep drilling. That will soon have to stop.
That doesn't mean oil cannot rise from here because everything in our economy is now controlled by the white house/government/Fed