Enterprise Products Partners LP (EPD)

[pete807]

Today's finish was the imbalance to the sell side late in the session... an alert posted 10 minutes before close... Many with short term gains better than .445 will lock them in ahead of the mandatory drop Thursday which is ex dividend day. (distribution is .445) Tomorrow will then be a Johnny come lately day for both buyers and sellers with opposite ideas/plans, and time frame ideas. Institutions hold about 637 million units, and actively trade it.

I am 50/ 50 short - long term holder of EPD. The core hold has doubled this year, but that leaves a nice truanch of tradable green units. EPD will likely benefit from the well managed Q and expected largest rise ever in GDP expected Friday morning, before open.
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I will hold or even add more units on the drop if it exceeds the .445, as expected... (from the capture the coupon crowd selling). I believe the unit price will recover quickly having watched the trends for years.

GLTA!

-pete