Vanguard Natural Resources Inc. (fka VNRRQ)

[ztraderx]

I wouldn't be caught dead holding shares of this over night! Many people have lost their entire investment during these bankruptcy proceedings and even had to pay a percentage of the tax that the company owes due to cancellation of debt income!(CODI)

Our unitholders are required to pay taxes on their share of our taxable income, including their share of ordinary income upon cancellation of a portion of our debt, even if they do not receive any cash distributions from us. A unitholder's share of our taxable income, gain, loss and deduction, or specific items thereof, may be substantially different from the unitholder's interest in our distributable cash flow