Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (56645)	1/14/2016 7:21:21 AM
From: Elroy	of 78744

The rest of the MLP sector is getting totally destroyed and to some extend trades comparable or even lower than in 2008/2009. It's a bloodbath! UAN is just a fertilizer maker, it's at an all time low. Why? People still need fertilizer, no? Shipper CPLP continues to hit new all time lows. Someone posted that oil tanker rates are in free fall, maybe that's true, not sure. Oil tanker rates had been at all time highs for most of the 2015 year. Refiner CVRR is holding up better than the rest comparatively, only down about 10% from it recent trading range of about $20. Not sure why an oil related stock holds up OK, but a fertilizer maker plunges to depths unexpected? PSEC management bought about $50 million of the stock themselves in December when it went to $6.50 or so, it's back down below that now. I'll bet the deliver 25 cents or more net income for Q4 and wonder why everyone is selling the shares down below 60% of their last reported book value. I wonder that as well!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next