Energy Transfer LP (ET)

[pete807]

Nor was the previous one involving Sunoco Logistics.

Those holding ETP after it becomes ETE will not all stay invested for 30% less yield. ETE holders need to accept the dilution. ETP will account for 56% of the future ETE units. Combining big debt of each should be a concern. Those managing others money need to keep their record of acceptable performance in a diminishing yield environment.

The appreciation is not likely to be as great as the last 10 months have been for ETP investors who bought as I did in November of 2017. I bought for both yield and potential upside appreciation. The investment has matured to a point of sensible profit taking is all I am saying. I sense there are others in my camp. Best of luck to all ETE longs.