ETE and ETP

Oops I had wrong buy price in mind ... I sold half for a 333% gain ... hehe

It might tank further but at least I'll make something on it cause if it goes up and I miss taking profits I will be pissed at myself.
 
One of my 2 bright spots today ... bought ETE puts at .30 and sold some for 4.60!

All the MLPs are getting crushed today... I wish I had more money in the IRA to buy DMLP.
 
What a recovery these stocks (ete, etp) are seeing from yesterdays lows.

I think this is a gift short again. I have re-loaded my bearish positions today, the problems that initially knocked these down are big, and not going to go away.
 
Bob Pisani speculated that yesterday mornings MLP selloff was likely due to a hedgie that had to sell due to margin calls.

I tried to sell out this morning but didn't wanna chase the bid, so I still have a couple ETE puts left and half my KMP puts! I'll put em both back in the drawer for a rainy day.
 
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