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S&P 500: 1,340.35 Change: -0.84%
Vet67to82
P&P Score: 29.13 | Points: -21.00 | Accuracy: 69.88 | Average Pick Score: -1.27   Annual Return: N/A  
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BUY: NUSTAR ENERGY L.P. (NS) Rating: 4
Start Price: $53.27
Points: +6.54
Created: 11/25/2009
This is a limited partnership in the pipelines that transport crude to the refineries and storage cross country. Just as tankers are the most efficient and least expensive way to transport large quantities of crude across the oceans ... the pipelines are all that on land. The pipelines are paid on the quantities of crude flowing thru their lines ... not the price of the crude in the pipes. Pipelines pay a really good dividend.

1 Comment(s):

Author Vet67to82     Date 2010-06-04 08:49:32
Hit my short term targets ... taking profit b4 market takes it back
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