Post by
uograd on Nov 15, 2023 10:57am
I SOLD JUST AFTER OPEN THIS MORNING
NO COMPLAINTS, NICE GAIN, NICE DISTRIBUTION BUT UPSIDE IN 2024 LOOKS LIMITED.
CAN ALWAYS BUY BACK IF MY FEELINGS CHANGE BUT FOR NOW WITH INTEREST RATES GETTING CLOSER TO STARTING TO DECLINE MIGHT BE SOME BETTER OPPORTUNITIES SO FREED UP A LITTLE POWDER
Comment by
biketrader98 on Nov 15, 2023 12:01pm
Interesting take. Interest rates dropping make CHE more attractive, not less.
Comment by
biketrader98 on Nov 15, 2023 12:06pm
I'm hopeful for a distribution increase. Leverage dropped to 1.7x...well inside their comfort zone.
Comment by
biketrader98 on Nov 15, 2023 1:32pm
They should double it back to where it was pre-covid and would still only be paying out .44x! Units would double in value.