NGL Energy Partners LP (NGL)

[jugs]

That doesn't work as a question for me as it seeks to build on negativity and not positivity. I'm seeing $30 in nine months or so. That has me asking myself how I feel about a 25% return on a nine-month investment. Waiting for and building on a dip amounts to waiting for things to line up that usually have no bearing on business operation. Instead, you might well be waiting for market confusion or high-speed computerized trading moves designed to dampen deserved company enthusiasm.

There's much we can't reasonably trust and definitely shouldn't. If you share the belief that $30 is a reasonable target and you'll be happy with a 25% return over the next nine months or so, then why wait? After all, given some of the things in play sentiment-wise, with the new Administration stepping up to the plate, aren't you of the opinion that good things are about to come to light? (Sounds like a GE commercial!)

We know that AMZA is a fine, high-yielding play. But as it happens I'm not ahead in it and while I continue to hold 600-odd shares, it's not the performer I like to hold longer term. The other picks we hold in common are mostly waaaaaay more profitable.

NGL, on the other hand---what's not to like? If you like a 25% gain in a pick and are comfortable putting your money into a nine-month-long lockbox with your reasonable expectations in support of the entire process, then go for it!