Featured Articles
Don’ Try to be a MLP Hero
Tim McPartland | November 30, 2014
November 30, 2014 2 pmWe are receiving notes on the potential purchase of upstream MLP's by our readers. All we can really say is 'don't try to be a hero".Here is what we think will happen this week in the upstream MLP arena. Likely that issues will bounce starting as soon as noon on Monday--the over reaction last week…
Almost Unbelievable MLP Selloff
Tim McPartland | November 28, 2014
What a way to end the month! We knew that MLP's were going to get hit bad today--we just didn't understand how badly they would be hammered.We had purged the MLP's (oil and gas issues) from the portfolio for the final time in September and have resisted further purchases--and we are thankful that we didn't procrastinate. We had dumped related…
OPEC Rejects Cuts – WTI Plunging by $4/Barrel
Tim McPartland | November 27, 2014
OPEC has rejected any production cut and West Texas Intermediate is off by more than $4/barrel at this minute.This is a potential further 'gift' to drivers and likelyif it holds for the next 24 hours a massacre for holders of MLP's.Update 7 pmGlobal oil shares have plunged further today then they have in years. Canadian oil shares were off 5-15%. West…
Small Purchase Today in Star Bulk Carriers Debt
Tim McPartland | November 25, 2014
A helpful reminder to us by a reader on the new issue Star Bulk Carriers 8% Senior Notes(ticker:SBLKL) made us move to get a small position in this tasty yielding issue.As some you know we are not really too high on either common or preferred shares of any of the ocean shippers, but this one has a bit of a twist…
