#RAGETRADE – Bought CEQP
Sneaky Falcon Enterprises, LLC has purchased 80 shares of Crestwood Equity Partners (Ticker NYSE:CEQP).
For the original recommendation presentation, see: “Greed is Good. Higher Risk = Higher Returns” Presentation.
The 80 shares were bought at a price of $12.30, for a total cost basis of $984 (with commission).
Although this stock has been beaten down, along with the rest of the energy industry over the previous months, we think Crestwood may have finally found it’s bottom. While we do have the option to hang on to this stock for a longer period of time to collect the generous payouts associated with MLPs, capitalizing on a short term price movement is the main goal.
To see our other past and present holdings, check out our full portfolio.