Hi-Crush Partners, LP closed today at $20.80/unit. That is a very good price.
I will be sending out a Flash Alert on HCLP in a couple hours. Read the new profile and you will see why I am so bullish on this member of our High Yield Income Portfolio. The current yield is over 8.5% and the company has publicly said they will soon be raising the quarterly distributions. I really like their recent acquisition which is immediately accretive to cash flows.