JP Energy Partners LP (JPEP)

[jugs]

What a difference a day makes! I restarted my JPEP position yesterday morning, built up a position of just shy of 1,300 units and today I sit atop a gain of $117 with a $450 distribution around the corner. It doesn't get better than this, does it?

This is so easy, it feels weird at times...like taking candy from an infant or shooting fish in a barrel. We look for companies with tax structures requiring that the bottom line be shared by all unit holders after deducting for expenses. Simple enough. But it is far more complicated than that implies. There's debt, credit facilities, logistics, sales, costs related to doing business, contracts and far, far more.

But when we digest all things we've discovered that we believe to be pertinent, only then do we have a chance to prosper. Of course we have to digest and process and share our ideas here on the boards.

Opportunities are out there. We have to squeeze our knees together and take chances. I predict these boards of ours are going to make some followers quite rich before it's all over.