Seadrill Partners LLC. (fka SDLPQ)

[jugs]

We're pretty much in agreement here. The problem I'm having is this:

What makes today's opportunities superior to those of tomorrow? After all, without a suitable catalyst, the price may continue to drop along with the entire energy sector.

The one thing I'm pretty sure can be counted upon is the payout pending with its capability of providing meaningful support.

There are three price points I'm reviewing:

1. The current price which isn't meaningful to me at present.
2. The "supported" price with a 25 cent distribution in the mind.
3. The ignorantly priced unit as found in the mind of investors unaware of the scheduled payout. There are also day traders who won't be taking the distribution into account as it argues against day trading practices.

So I'm looking at the current $2.49 and waiting to see if it drops to $2.40. And should that be today's close, tomorrow could be very interesting.

Your thoughts?