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Wednesday, December 25, 2024

‘All In’ on Boardwalk Pipeline Partners

Today’s new intra-day low was too good to pass up.

By Paul Price

Market Shadows Virtual Value Portfolio couldn’t resist owning another chunk of Boardwalk Pipeline Partners (BWP) after seeing it go down to a new low of $11.99 today. The 52-week range on BWP has been $11.99 (set today) to $33.00.  BWP’s current yield is 3.32% at our latest entry price.

We were able to buy another 300 shares at $12.06 per unit, using $3,618 from our cash reserves. For the moment we are essentially fully invested.  We will need to sell something before being able to purchase our next great idea.

 BWP buy @ $12.06

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