CPPL trade for 3/11 – 3/17/2016

Posted By JM on Mar 17, 2016 | 0 comments

One of our favorite midstream oil and gas companies we like based off a stellar balance sheet is $CPPL (Columbia Pipeline LP stock). It has only a Debt/EBITDA ratio of 1.2, one of the lowest we know of in midstream oil and gas...not levered at all.

The stock got hammered 2 days in a row last week and we noticed the selling all occurred in the last 30 minutes of trading. That to us signaled a forced dump by someone. We started picking up shares on the 2nd day dump and rode it up a week. All trades called out live in the MookTrader stock chatroom.

Net profit: $8,712


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