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jugs

07/29/16 2:14 PM

#712 RE: Alpine600 #711

We agree, the market reaction is overdone. Then again, we happen to see it this way because we are unit holders & pledging to remain so. Angst is in the hands and minds of those who had been expecting something not in the cards. Thus, we're seeing disappointment more than anything else. In brief, then, what we have is manipulation at the hands of manipulators, not investors.

As most of us have been acknowledging for some time now, we're in this pick largely for capital appreciation and not distributions. That doesn't mean I won't enjoy the $1,120 coming to me next month, but suffice to say it isn't, of itself, the deciding factor when it comes to making an investment decision.

As catdaddy put it earlier this week, there's more to be gained potentially from a rising unit valuation than from payouts. However, a nice yield can be regarded as frosting on the cake.

Dessert, anybody?