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Clearbridge MLP and Midstream Fund Inc V.CEM


Primary Symbol: CEM

ClearBridge MLP and Midstream Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships (MLPs) and energy midstream entities. The Fund considers an entity to be within the energy sector if it derives at least 50% of its revenues from the business of exploring, developing, producing, gathering, fractionating, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil and refined petroleum products or coal. The Fund may also invest up to 20% of its managed assets in other securities that are not MLPs or midstream entities. The Fund's investment manager is Legg Mason Partners Fund Advisor, LLC and ClearBridge Investments, LLC is the Fund's sub adviser.


NYSE:CEM - Post by User

Post by Thatchcayeon Sep 03, 2021 10:02pm
332 Views
Post# 33813878

Not pump and dump for Gentile and Gundlach

Not pump and dump for Gentile and GundlachThe stock dumped because that's what generally happens frequently in mining stocks that have run up. But to be a pump and dump, Gentile and Gundlach would have to unload their positions, and volume is in no way suggestive of that. Nor is any previous modus operandi of them. They take positions and hold. And Gentile generally has a very good track record as a long term investor. Whoever is claiming pump and dump needs to check their facts and look at some real pump and dump schemes where insiders cash out after a quick run. These guys don't do that, nor should anyone insinuate they are. Stocks that go up fast often have corrections which later turn out to be buying opportunities. Learn how to invest and don't disparage honest people who have done well in a tough industry.
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