There is no limit to the benevolence of my portfolio today. HCLP spurred out the gate and is now closing in on $70, +5.4% in the first half of today’s trading.
CCJ and BAS are second runners up. Most everything else is green, with only new half position PSEC and NRP breaking the pattern at the moment.
No one wants to hold short into the Labor Day weekend. Bears have been conditioned over the past five years that long weekends deal death to misers.
My account is up +2.3% today. I’m tempted to take a few sales at lunch, just to prepare for September (the biggest dick of all the months).
The world is my tainted oyster (which is only an odd statement if you knew that I don’t like oysters). Now, as you were.
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Any thoughts on NRPs latest acquisition? Seems a bit sketchy to me. Is be interested to see the balance sheet of this “VantaCore” partners.
Especially since they are a construction materials partnership formed just a couple years before the bubble burst.
They’re still around today, aren’t they? Couldn’t have been that terrible.
NRP has made a very big deal out of moving away from being a pure metallurgical coal play to a diversified royalties stream.