JP Energy Partners LP (JPEP)

[jugs]

Been preoccupied with SDLP and a handful of others but am thinking JPEP is going to run---maybe. It goes ex on May 4th, so this is the time to be grabbing any cheapies available.

Just now placed an order for 200 u's @ $8.00 to go with my 1,400u's. Checking, I see my order went thru at $7.99. Revised cost basis is now $7.36 with 1,600 units in hand.

This one is very likely to fly off the shelf in the opening days of next week, given that we go Ex-D on Wednesday. Good for 32.5 cents means I got these latest 200u's (effectively)at $7.665. That's looking like a sweet trade to me at this point.

We may be on the verge of a break-out here, maybe a bit like what's happening with SDLP?

I'm ready for more excitement.