Re: CHECKING OUT SMHB...! - ORC - bayman
I'm not dismissing the seasonality of their businesses. But I think it is difficult with this sector to make a generalization that they always sell off in the spring. The sector has been through the ringer over the past several years since making a top a few years ago.
I looked at several charts of well known pipelines like WMB, EPD and MMP. Hard to make a general rule because these stocks had massive runs during the heyday of MLPs from 2009 to about 2015, but have been in a downtrend since (but for a bounce in 2016).