SN - Sanchez Midstream Partners Is For Those Looking For Excitement
Sanchez Midstream Partners (SNMP) is one of those high risk plays that managed to get overrun by the bears on the way out the door. There is plenty here to be wary of and plenty more to read up on before you invest. But sometimes the market gets overly concerned before there is something to be concerned about. So the market applies the "guilty by association" treatment to the limited partner units to create a decent trading opportunity.
In this case, Sanchez Energy (SN) got the ball rolling towards the "run