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Strategies & Market Trends : Fundamental Value Investing

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To: bruwin who wrote (4040)12/17/2014 10:15:47 AM
From: Sergio H  Read Replies (1) of 4719
 
Thanks for the charts Bruwin.

Looking at WPT, a stock that EKS mentioned a while back. Seems to me that this over supply of oil has to be stored somewhere and that is what WPT does. Since it's IPO in August, there has not been much color provided by management, Not even an earnings call. Their 10k indicates that they will be increasing the distribution. It's got a complicated ownership structure where there may be a conflict of interest between the public shareholder and the inside owners.

Any one have some stock ideas on oil storage?

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