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Re: pete807 post# 640

Tuesday, 09/20/2016 1:58:12 PM

Tuesday, September 20, 2016 1:58:12 PM

Post# of 782
If Icahn wields power as we know he can, I'm fearful that walking in his footsteps may just be a path-port (it's a pun and not a lisp. lol) to financial ruin. He may be orchestrating things in order to adversely affect the market perception and thus the price of CVRR units.

I don't know more than you do and maybe less. What I do recognize is that there are those with far greater puppeteering skills, long accustomed to pulling strings legally. I figure Mr. Icahn must be one of those ready to do so. And I'm sufficiently self aware to know better than to consult my crystal balls.

And so far as I know, they're not leaded. One bout with cancer is enough for me.

Breaking down each word was an exercise in trying to apply some of what I've been learning from my reading of the Bernstein book as well as other informational sources. Investing is often such a tough endeavor involving so very many possibilities. If I can back out some of the items we tend to take for granted, then I feel it a responsibility.

I'm watching ALDW right now, hoping to cash in on an unexpectedly lower price by adding; CVRR is still too high for me to pay. MDR is getting closer to my buy point and NGL is going in the wrong position---up. Each of these potential plays represents absolutely nothing concrete except for my probably misjudging something (s) and setting myself up for a loss or two or three. My hope yesterday was that of encouraging others to allow that to be truly effective, we investors might try to distinguish things that might be constants rooted in fact while there are many other possibilities based more on our personality differences.

I find it difficult to disengage from an MLP's forthcoming distribution yet I know I'll have to do it many times in the future or else stand to lose sweet gains in the appreciation area. So I'm constantly trying to reinvent a new "Jugs" without springing too many unacceptable leaks*.

*May my bladder rest in Heaven. lol
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