Pennimon's Fishin' Hole

[Pennimon]

phgi News today.hmmmmm....has phgi touched another bottom with todays news? Another mini run good for a quick double over the next month or two again?

Up and down like a see-saw.

Jmho but I believe sstp/usse has secured 10M in financing (dont know why they didnt announce a done deal but perhaps the check is in the mail?)

Where is the 10M to go towards? Baytown Texas, or FSEINT Illinois? Or both?

Recently updated portfolio with equal monetary values of sstp and usse. Currently sstp trading a little above a 2 to 1 premium over usse.

If the premium changes to a three or four premium over usse I believe I will swap out sstp for usse, and wait for usse to catch up again, then swap out usse for sstp (again).

This strategy is much easier and results in nice gains. Too hard for me to call tops and bottoms with high degree of accuracy. Easy way to double holdings without excess brain work.