Thursday, February 04, 2016 12:26:54 PM
Our MLPs have been sticky of late---with high valuations lasting longer than I expected. We've long grown accustomed to seeing prices drop immediately following their going ex yet we're witnessing the reverse of that, time and again. I saw it in CVRR, ALDW, NTI and now---SDLP ,and JPEP. I did hold JPEP through to going ex and selling on the ex-morning but have no positions in any of this group. I'm sitting on enough cash, ready to play but now await a dynamic change in valuations. Nevertheless, I can see it would have been better had I not sold so quickly.
Then again, I got high dollars when selling my NTI, considerably more than I'd have gotten over the past few weeks, had I delayed selling. I don't subtract the effect of distributions received as it would feel like I'd be financing losses sustained after the pick goes ex. What's done is done where I'm concerned and mark-to-market rules.
Still, we don't know how your NTI units will fare as we recognize adjustments may have to be made due to the unpredictability of this market. I'm hoping you come out well as you've long accepted risks with the exception of the tender which we couldn't have foreseen.
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM