JP Energy Partners LP (JPEP)

[jugs]

Right, shorting is virtually non-existent. That's always reassuring.

Good amount of institutional ownership. As for day-traders? I think they'll be converging beginning Monday. We go ex on the 3rd, I think, and it's Wednesday if so. Day traders usually are set on closing out the week's trades on Fridays and don't have time to work on 2-3 day projects.

By the way, day traders I've known were anything but "weak." They had nuts and roasting them in an open fire was an everyday experience. Too bad Christmas isn't but that's the life they choose.

I'm really pleased we closed above $5. I think that could serve as a floor for the first couple of days next week, suggesting we may reach for $5.30-$5.50 by the close of Tuesday's trading. I'd like to see that as the differential would cover the amount of the distribution and possibly leave our gains intact.