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Arc Logistic Partners LP ARCX

"Arc Logistics Partners LP is engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. The company owns, operates, develops and acquires a diversified portfolio of complementary energy logistics assets."


NYSE:ARCX - Post by User

Comment by deisman03on Aug 15, 2017 3:57pm
65 Views
Post# 26584650

RE:RE:any more????

RE:RE:any more????
Distribution payout coming up on the 15th. Lots of nervousness on energy stocks and a seeming shift to consumer corporations. 

Electroning trading kicks in around this time as well and even though it's crude it can tilt the markets one way or another for no particular reason. When the brokers take their vacations in August this is a normal circumstance. 

I fully expect this stock to rise close to US$16 again. Missed the swing and took the divvy instead this quarter. The rise of the Canadian dollar wiped out my gains and when the 2% cost each way is factored in, it would have been a loss instead even though my US$ gain was significant. Quite the anomaly???? 

Looks like it is a good time to accumulate a KWH.un position with the sudden drop there as well unless there is some hidden skulduggery going on. I picked up 5000 to test the waters. Should be an easy 10-20% over the next quarter plus distributions. 
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