The preferred trade for just over $2
my holdings
LNCO - 15,000 - no more....debt to equit too high....already invested too much.
BBEP - 45,000 - no more?
VNR - 2,500 pt 1.00 wait for div cut. (revolver 90% used, 1/4 of revolver covered by hedges)They are the lowest cost producer.Has puts ****
LGCY - 8,000 wait pt $1 - poorly hedged needs further study (puts) higher cost producer.needs reasearch. has puts****
EVEP - 6,800 $ wait pt $1.50 wait for div cut (best ballance sheet)
MCEP - 18,000 $$$ add ---target 20k
MEMP - 8,500 $$$ add ---target 7k]'
ARP - 39,000 $$$ add ----share target 20k
VNRCP - 1,200
VNRBP - 1,200
ARP-D - 2,000
LGCYO - 3,500
LGCYP - 1,000
BBEPP - 500
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TOTAL- 152,200
