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Stocks B / Berkshire Hathaway
|Subject: Phillips 66 to form MLP||Date: 12/13/2012 8:26 AM|
|Author: stillwater9999||Number: 196888 of 215109|
Berhshire owns this through the COP spin-off and added shares. Stock is up nicely now from the spin-off point after an intial drop.
My problem is that my managed accounts own quite small positions (just the spin-off shares) and having MLPs adds to tax management complexity.
I may exit. Barron's has been positive on the shares at least at somewhat lower prices, Value Line not so positive.
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