NGL Energy Partners LP (NGL)

[jugs]

Double dang! Looks like we've been right about NGL. Thar she blows---moving higher as though determined to blow past $19.50. Sitting atop $9.30 right now, the top of the day so far.

Late last week I added 500 units of NGL buying 250u's at $18.19 and ditto at $18.24. Those two trades are now worth +$530. And no, I have no intention of selling them. I'm not thinking along lines of profit-taking at this time for I see far greater opportunity down the road.

As I need fresh capital, there will be other birds out there for carcass-picking. So I'll be holding my 6,000 units of NGL with their cost basis of $11.52. I believe we're preparing to move above $20 by February at the latest.