JP Energy Partners LP (JPEP)

[jugs]

Well, now---I see we hit the $5+ threshold I projected yesterday. However, I'm not about to take a bow as the unit price is below the $5 level, at least for the moment. I think we will close at or above $5, given that we've already exceeded it. I'm thinking that day traders might be responsible for part of the rise although only 58 thousand units had traded thus far---with nearly 2.5 hours left to the session.

We need to keep in mind that JPEP goes ex on the 4th which is Thursday of next week. That tells us there's plenty of time left for day traders to load on and increasing volume will tell all. So here we are, perched at $4.90, at least for the moment.

I hear that juicy 32.5 cent distribution jangling in the breeze! lol