RE:Too much of a good thing?Hey Karl
I hear you on buying more. It is too hard to resist. I had to really scrounge to come up with some extra cash but over the last month I've picked up 340 more shares at an average price of $58.94, It may not have been perfect timing but I'm very confident it was really good long term timing.
TRP has definitely devloped some additional issues with the Coastal Link over-run and then pushing the Keystone flow too hard. It used to be my #2 midstream behind PPL but KEY has now passed it and ENB has moved up to tie for last place. :-)
Regardless of ranking, I really like all 4 of our midstream holdings and have very high hopes for the next few years.
Take her easy
Sarge
Karl63 wrote: Well, bought some more at $53.73, I just can't resist a bargain, especially with a 90 cent dividend coming shortly. At that price the dividend is about 6.7%, near what Enbridge is.
But as we know the stock market can be a twisted b-t-h sometimes. Is it really a good deal? Is TRP really safe from coastal gas cost overruns or Keystone oil leaks? Of course those risks are the reason we buy so well today . . .