American Midstream Partners LP (AMID)

[stargazer123]

There are very few times in a persons investing career that they come upon such a powerful story as AMID. AMID was crushed, fell under a steam roller, and sent to the dumps. All just because they obliterated their monster dividend.

People were in the stock because of its high paying dividend, and they immediately sold it when the company cut their dividend. Which makes sence if they are retired and need the money that they derive from stock dividends, and didn't want to take a chance that the stock might not rebound. But it is rebounding, in fact strongly rebounding, in fact up strongly already today, and yesterday, and the day before that, and ...

The stock was made stronger by deleting its dividend. The are paying down their debts with the money saved, PLUS they are a strong company, perfectly positioned to profit from oil companies that are DESPERATE FOR THEIR SERVICES. THE STOCK IS PERFECTLY POSITIONED TO DOUBLE IN PRICE, OR EVEN TRIPLE OR MORE, PLUS IT WILL PROBABLY INCREASE ITS DIVIDEND IN THE FUTURE. And, even with its present decreased dividend, it is one of the highest paying dividend companies.

A WIN WIN SITUATION. How many times do you encounter that?