NGL Energy Partners LP (NGL)

[jugs]

OK---let's pretend that we both accept the slogan---"Buy the dips!"

Do you realize what your cost basis is going to look like?

Buying the dips puts a pretty smile on paying pig prices whereas waiting in the bushes has you ready to secure a big position at dirt cheap prices. Dips rarely offer dirt cheap prices. Accumulating large positions early in the game is my objective---so long as valuations hold up. There's a case for steady accumulation but only if the price moves in a quirky fashion without explanation.