Energy Transfer LP (ET): Oil prices are headed up...which will he...

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Energy Transfer LP (ET)

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Re: Anticipating post# 893

Wednesday, 08/19/2020 4:04:15 PM

Wednesday, August 19, 2020 4:04:15 PM

Oil prices are headed up...which will help ET's business and secure the dividend.

I am buying here with the expectation to get a 100% TOTAL return (dividends plus cap appreciation) within 24 months from now.

It ET cuts the dividend, the capital appreciation lift from that action will more than offset the decline in the dividend.

BTW-- he is no George Washington. Just saying.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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