Wednesday, May 04, 2016 10:36:16 AM
When I look at CEQP, NGL, SDLP, LADR, JPEP, HLX and MDR to name some picks, I also see unusually strong gains. The only exception is MDR but I continue to add in the expectation that this will rise sharply from current levels.
WNR pays a dividend. Its tax structure bears no resemblance to the income producers mentioned above. It pays a small dividend when it's convenient and not threatening to the company's finances. MLPs are a completely different animal and being a hobby rancher, I love my petting zoo. lol
And I am not intentionally leaving ALDW out of the mix, it's just too early to be part of the income production scheme. But I'm in the hunt, believe me! I've got 1,900 units thus far and will probably be adding today or tomorrow, although in smallish amounts of 200 units or so as I think we'll be seeing sub-$9 soon.
There's no way at this juncture to determine what effect, if any, a BOD declaration of no quarterly distribution might pose. I don't discount it entirely but doubt it will shock anybody.
I hope this helps you.
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