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HCLP Pull back
Posted: Tue Jan 14, 2014 1:51 pm
by gorbow
What thoughts does anyone have regarding HCLP's recent pullback to it's 50 day moving average? Buy points? $30 looks like there is some good support.
Re: HCLP Pull back
Posted: Tue Jan 14, 2014 2:09 pm
by dan_s
HCLP made quite a run last year, so a pullback is probably overdue. The fundamentals are solid on this one. If it does pull back to HCLP that would be a heck of a good price to pick it up. I am expecting HCLP to increase distributions this year.