Replies to post #56 on JP Energy Partners LP (JPEP)

[catdaddyrt]

And not a moment too soon down she is going -

[jugs]

I'm so glad I got to you in time. Although I haven't crunched your numbers I'm thinking you came out with a minor loss as your sell point numbers are great. I'm not having luck after unloading some as disclosed earlier on the board. Not sure what I'll do as Wednesday might show an oil draw-down which could boost JPEP higher despite the grounds for same being part of an ignorant disconnection among unit holders out there.

I hate losing money! Fortunately it seldom happens. But I hate it, nevertheless. So I'm hanging in there.

As for your healthcare REIT move? I'm too old to be thinking about market trends going beyond the next two or three years. I've got to keep things real with my age in mind (76). When age is a factor, a mark-to-market approach seems to be the most effective basis if balancing things for future results. Fortunately I'm in perfect health and no prescribed meds at all. Still, nothing is forever.

I am in NRZ (a REIT) paying nearly 14% which is getting rave reviews for stability, growth and anticipated distribution increases. I have a smallish position in an IRA of the wife's and nearly opened a position in my general account today---using limited JPEP seed capital reclaimed. I'm leaning towards this as it's very stable, I've been in it since it IPO'd and it's been a good one with extremely little risk. I got into it when it was spun off by Newcastle, by the way. I've found health REITS to be unstable and subject to swings wider than I like.

[catdaddyrt]

Once again had I waited I could have done better --it could have gone the other way also - such is the game we play here. It's part of the process.