Quote:
Originally Posted by Woody
One of the things that would concern me is that the performance is obviously tied to the price of crude oil. Take a look at a crude oil chart.
http://futures.tradingcharts.com/chart/CO/M
The charts of BPT and PBT are highly correlated. If you look at the dividends, during the declines in crude oil prices you will see the dividends declining as fast as the price of crude. While they currently pay a high dividend, I would not expect that to continue if the price of crude declined.
These look much riskier to me than most of the other stocks we have been discussing. |
Good point..that is why I have been more of a listener than a poster..
I do not want to cloud the Investing 102 thread at all..Thanks for your input..
