CHECKING OUT SMHB...! - ORC - bayman | AMNB Message Board Posts

American National Bankshares Inc.

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Msg  32022 of 32923  at  3/3/2021 4:17:02 PM  by

MarkfromReston


 In response to msg 32020 by  keebon
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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).
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