Crestwood Equity Partners LP (CEQP)

[jugs]

This has been such an awesome pick for me, I've got to free up some $$ and add to my position. Closing at $34 and change is a gift. This thing just keeps on giving and giving and giving without letup.

Sure, it drops every so often but almost always it's due to a secondary offering. This is how it goes with this sort of investment. If they don't offer equity raises, they won't obtain the cash needed to make acquisitions. It's really that simple. And over the past four years or so their acquisitions have paid off beautifully, indeed. This is the only stock I hold that I never consider selling for gains accrued.


Some investors don't understand the process, unfortunately. Then again, it's not unfortunate for those of us who do see that fears of dilution are leading us to choice opportunity through additional investment.

Good fortune, folks!