NGL Energy Partners LP (NGL)

[jugs]

As of this writing, I now hold 7,500 units at a $13.28 cost basis.

I offer the preceding for the sake of visibility on this board.

Permit me to point out that a month from now I will likely reduce this position somewhat in order to reduce the amount of borrowings aka "margin." For now, though, I'm happy to pay the interest charges (6% or so, per year). Why a month? Because of the wash rule which would add to my expenses unless I hold the units for 30 days or longer. It's not a big deal as it may take several weeks to see NGL climb back to higher ground, although I don't expect it.