Replies to post #38 on Center Coast Brookfield MLP & Energy Infrastructur (CEN)

[BRONSON]

Not really... just depends on how far you want to go back you could look at a chart and play with different moving averages 20-day 50-day Etc..

It had a good dip just after Christmas last year but that coincided with the market in whole coming down..
This time it's because a lot of companies are selling their oil Riggs, Fields, pipelines stuff like that..

People will always need oil, gas just like we need food and water.. Were good imo

In my mind I'd like to think that their dividend payout shouldn't exceed 15% or so
That probably puts the stock closer to 8 or 9 buck Target

[BRONSON]

I've noticed they only announced their dividends a quarter at a time.
another key point to keep an eye on in Cen land..

The dividends they announce are guaranteed so this goes from having three guarantee dividends in a row then a few week window where there's none announced and people get worried before they announce the next quarter..

A true chartist could probably go back on the chart and see what I'm talking about it kind of goes through Cycles where people get worried if they're going to get their dividends or not..