Replies to post #30 on MPLX LP (MPLX)

[Spumoni]

It’s all tied into oil and right now and for the unforeseeable future you will not see it bounce back so fast. But if you have a year or two to wait and since it pays a dividend I would buy it.

[G-lupo]

I don’t mind these prices, it doesn’t have a lot of debt, and has good cash build up. I think it can weather the storm fine, and be a great long term investment. Especially if gets back to $25-30 a share with 6% dividend. It would make your dividend about 20% from what originally paid.

At times this stock goes up when market goes down just like end of day today it went back up while market dropped 1k points. Keeps bounce up from $10, resistance I don’t know , just a guess. But yeah oil got hit hard.