Enterprise Products Partners LP (EPD)

[jugs]

Greetings to all following this board.

Pete807 and I work together for the most part when it comes to trying to figure out what lays ahead in the stocks we moderate. And we nearly always are investing in the picks, recognizing the importance of our having skin in the game to be effective interpreters.

We are here in the capacity of guides and fellow investors and hope to generate new interest in this very fine company.

It is our custom to disclose our positions and cost basis, knowing it may help others as they launch, build or otherwise seek to grow their own positions. Here, then, is my disclosure:

units held:
1,200

Cost basis:
$24.41

I've been aware of EPD for years but wouldn't have moved it onto my stock-picks short list were it not for my respect for pete807 who has joined with me in becoming a joint moderator for this board. Thanks to his generosity of great character I'd have eventually come on board but not when I did. I opened my position on November 30th, 2017, paying $23.96 for my first 200 units. That moment spoke to me, telling me it was the perfect time to make my move and launch.

While the unit price is somewhat higher today than it was at the time of launching, the valuation is extremely low for the quality of stock offering we have in EPD. My followers know I don't view distributions as the end-all cure-all for anything but extreme poverty. It's pent up compression that turns me on as it invites the enormous gains we all want. Still, EPD does come close to guaranteeing that participants can expect to make ends meet, one way or another. lol

And if you can't afford your next cup of coffee, ask pete807 for a handout.

Better still, forget the hand---get a couple of dollars. lol