JP Energy Partners LP (JPEP)

[jugs]

Believe it or not, I almost feel guilty accepting distributions from those MLPs in which I'm a unit holder. Not to deprecate the value of my vested dollars but the simple truth/reality is that opportunities to create profits are more likely in my ballpark than that occupied by JPEP.

I am nimble as a lone investor and am free to add, diminish or extinguish a position in a heartbeat. I continue to expect we will see a sizable distribution cut. There don't appear to be meaningful catalysts for firmer company footing while there are ample cases for lowering positive sights.

I hope I'm waaaay wrong as I've enjoyed being an investor here at JPEP.