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Strategies & Market Trends : Ted Warren's Investolator

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To: investolator2000 who wrote (986)3/25/2022 9:17:37 PM
From: WEagle   of 1798
 
I2,

As you know, I also own BKEP and I have a gain of 48% although it was once a little higher.

If you see my weekly report, you will notice that I indicated that RAIL has taken off on improved earnings but it also had formed a cup and handle in the monthly and weekly bar chart.

From the chart you have shown, I can see what could be another cup and handle. BKEP could take off at any time.

On another note, BKEP is a limited partnership. I have four such companies. Two are in my IRA account and the other two are a in regular trading account. MMLP, which I own in a regular account, reported a lot of non-zero values on the K-1 statement. The reporting requirements are a pain. I have decided to try to not buy another limited partnership company stock except in my IRA. In the Roth IRA, since I don't have to pay taxes, I don't have to report/record any of this when I do my tax returns.

Happy Trades to You.
WEagle
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