[quote=doofrat]I’ve got an open order to sell VLO at $49 so one of us is wrong 🙂

BTW, an MLP means you get a Schedule K-1 (probably won’t get it until April if you get one at all for this year).

Depending on how much you bought, you might not want to deal with the K-1 headache each year if you only bought a small amount. It’s a really confusing form in my opinion.

Also, my VLO sale is just trying to limit my Oil stock exposure on this upswing.[/quote]

Thanks… I’ll sell it the first week of next year. Last thing I need is more capital gains this year 🙁