Replies to post #352 on Breitburn Energy Partners LP fka BBEPQ

[theslybat]

Ok that is great info to know. I will see how it plays out.

I wonder what your take is on BBEPP?

BBEPP, the 8.625% perferred shares.... they pay .141 a month per share. At $5.6 a share for perferreds, that comes to 3% a month?

That seems crazy high!

Is that right?

[theslybat]

"If you bought today you'd have to pay the 172 days of accrued interest and take all of the risk that they will make the interest payment."

Upon rereading, not sure i understand the above