I bit into the 8% selloff this morning. By the time I got a nibble, it was a 6% selloff.

I don’t expect this to last. The earnings miss is a non-issue for a small company in a rapidly growing industry. And the hit was largely one time items that shouldn’t be a recurrent problem.

HCLP is a buy here on any dip. Especially as validation of the growing demand for frac sand continues to come in.

I hate it when Cramer highlights my stocks. If it were a regular highlight with some real work behind it, I wouldn’t mind. But HCLP came up in his caller segment, which is just the lowest of the low. Listening to impulse callers sucking up to Jim, desperately looking to make it “big time” as a pro, by way of offering up one of my best finds…it’s so horrible I can hardly stand it. That they then strip the thesis naked into a 30 second sound byte is enough to make my stomache churn.

Let’s call it what it is – intelligence rape.

But aside from that, the stock is pressing 4% returns weekly for me. It doesn’t get much more awesome than that. Since my first purchase at the end of August for $23.99, this partnership has been a little gold mine.

It’s high of the day was $33.80.

I won’t be selling for any price. This is a buy and forget partnership. I will do with HCLP what I regret not doing with TLP.

The trials of last week were grinding and I simply exhausted myself. While this week hasn’t set up much better, I think I can at least imagine the point where I will begin to see the light reflecting off the walls from the light coming in at the end of the tunnel.

So there’s that going for me…

I want to dig into CCJ’s numbers on here, as they were impressive and caught the intelligentsia off guard. Mind you they didn’t just beat the numbers. They beat the numbers by something so stupid, I dare not even write it down.

Speak the name Fukushima again; it won’t save your predictions.

There’s a clear trend setting up in my book; BAS, CCJ, NRP, HCLP…they all have something in common, besides the massive ramp ups in price. I like what I’m seeing here, and some of their better peers seem to be confirming it.

Yes oil is selling off hard. But oil was unduly expensive, wasn’t it? Because the price was flung up in response to those tired fears. The price falling is not a problem, it’s a blessing to companies that need to see activity pick up.

The extra hour of sleep did me well. I’m refreshed, at least for the moment. See you around.

My HCLP position is up another 5% this morning, pressing gains. The agreement to settle the Baker Hughes lawsuit coupled with a six year supply agreement was a big deal.

This partnership is one of the rare examples of me buying into an expensive equity position. I normally toe the line within certain valuations. However, I was willing to pick up the “pricey” HCLP partnership units because I like the prospects going forward. The partnership is small and the fracking revolution is young.

My expectation is for the HCLP and BAS positions to transform into cash cows over the next five years.

My latest position, the partnership HCLP, raised its distribution last night by 3%.

The partnership is on a tear, and I expect that trend to continue well into the future, as fracking kicks into high gear.

We have an energy revolution here. It’s time for the pig-dogs of OPEC to lick our boots.

Just felt you should know HCLP is continuing its run this morning…

Not much else happening though. Silver just took a second blow to the knee, and CCJ is circling the drain.

The CCJ melancholy is a three year recurring melodrama of such bad performance, I’d get up and leave my box if I didn’t own the theatre.

This is a part of the dance, which plays itself out over and over and over again.

Dispair at the state of nuclear power mixed with cowardly shareholders causes a thirty percent flush out, from which data releases eventually overcome and show to be unfounded, until optimism for a resolution of the nuclear energy concerns pushes us back to the top of the range from where the whole, trashy show can get started again.

Burlesque variety of performances have better plot lines than this…

The last round of CCJ earningst that were released showed that realized prices for CCJ’s uranium actually increased year over year, at the same time “market prices” plunged from $50 per lb to the $36 price they command today.

Until I see some data suggesting that Cameco is actually being affected by the doldrums of the rest of the nuclear energy sector, I have no reason to take any of this seriously.