InvestorsHub Logo
Followers 136
Posts 9915
Boards Moderated 1
Alias Born 03/20/2013

Re: pete807 post# 97

Friday, 12/02/2016 9:15:40 AM

Friday, December 02, 2016 9:15:40 AM

Post# of 191
They have a lot of extra headroom. Too bad they didn't stretch for the limousine style we'd hoped for but we don't know what management has in mind. Could be organic growth as in acquisitions, might be unit buy-backs...could even be a special gift to Pete who was entertaining fantasies of fantastic Q4 rebalancing. The evil "Jugs" said 807 may just be sipping from the wrong decanter.

Well, I think it's turned into a standoff of sorts with a compromise. Not a major realignment but it's at least something more than we had any business expecting. Judging from the tone of the clip, it looks to me like there may be a combination of changes in the wings, all of which designed to enhance unitholder value.

I'm sure we're all good with that. And, for the record, the just-announced yield comes out to about 8.5% based on yesterday's close of $14.28. For a company as successful as this, I've decided to go for all shares as opposed to the paycheck. Over the years I've found that a few bucks awarded here and there doesn't mean much a few months later whereas I often smile, seeing what had been a formerly modest position then, now represents a contributing limb on my investment tree.

The moral of the story: Sometimes those windfalls fall whereas owning more of a very promising company you know and understand and APPRECIATE can come to mean a whole lot more.

Each of us must decide for him/herself.

Enjoy!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LADR News