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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (42251)4/14/2011 12:31:48 AM
From: Spekulatius  Respond to of 78721
 
re ETE
>>Congrats again on ETE. It turned out to be a great pick in price appreciation and distribution from the time you mentioned it in '08<<

I rode it down 50% - heads in the sand and then all the way up to a substantial gain. It was easier to do because the units were in my wife's IRA account <g> . Good thing that she never looks at her statements.

I did learn that MLP and particular GP are really dependent on functioning credit markets. GP particularly profit from the issue of new limited partner units, since they get a cut the earnings on all units, including those from secondaries without incurring dilution.