JP Energy Partners LP (JPEP)

[jugs]

Just now pulled the trigger and added a few units bringing my total up to 1,400. I'm hungry for more with powder to do so.

It's hard for me to stare down that 32.5 cents issuable in a few short weeks. Subtract that guaranteed distribution from the current $7.88 and we come up with a cost (rounded upwards) of $7.56 we pay in order to own units three weeks down the road. That's quite a deal when you factor in the near certainty that JPEP will continue paying a like amount throughout the balance of this year.

And don't we all expect that oil's recovery, even if limited to 65% or something close, will super-strengthen an energy investor's resolve?

So I'm climbing on board with a vengeance, having discovered this diamond in the rough back in January of this year. I'm not seeing anything to dissuade me but I'll certainly welcome anyone's questions or challenges. The more we sift through our fears which are often rooted in reality, the more likely we are to prosper.

Happy treading, everybody!

P.S. $7.65 and below will definitely have me hungry to buy more shares.