Last year (2016) I came out with a 65% portfolio gain. Some came from juicy yields, of course. But more than half of the gains resulted from capital appreciation. However, not a single penny came on the heels of any stock mentioned in the press as representing Cramer's stance with regard to a particular stock in which I was invested. As stated in my previous post, I brung me to the dance. Cramer and I don't dance together. lol
I've got another buy order in place, hoping to pick up another 100 units of NGL at $13.90. Quite interesting to me is that Barclays came out with their revised price target of $20 just this morning, the morning after Cramer's position was aired as I'm understanding it. I wonder if he wasn't bouncing off early dispatches available to insiders, coming from analytical agencies? Something is looking fishy here and I'm wondering if Cramer wasn't taking advantage of hews he got before we could?
Regardless, I don't ever like watching a major holding of mine drop but I know when a gift horse is looking at me in the eye and I'm responding.
And not unnoticed by yours truly is that ALDW has covered a 40 cents expanse so far today. And it's vacillating between both extremes...without any published news whatsoever to explain the spread. I've long been of the belief that ALDW and NGL are played as a pair of sister offerings. Today's action reaffirms my belief that we of the retail bunch are being targeted by bigger bucks than we and the object of affection for the likes of high frequency trading machines.
My sense is that this is the perfect time to be loading up on NGL at or very near $14; and ALDW---when it drops closer to the $10 area.
We need to be focused on dates of guidance:
1. ALDW is paying us next week. The next payday won't be until three months forward so manipulators get two months to play their games, after which there will be fresh corporate guidance forthcoming that announces the projected distribution for Quarter #2 of the year. That is when I see a fine case for our unit valuation to rise as investors pile on in joyful anticipation. And if my fantasy is worth anything at all, Q2 should be considerably better than even the 38 cents coming in a few days. I think 60 cents is a distinct possibility if not probability given that Q! is traditionally the weakest quarter of the year. These points need to be understood for smart investing.
2. With NGL finding itself hammered by the gods of gloom, it's imperative that we understand that there's--- at the least---a possibility that both stocks are being played as a stock-picker's couple and, if it's the case, then we've got to think like tigers being chased by elephants. Those preying on us often win but we can be as smart. This is why I have an order for 100 NGL now at $13.90. If it fills, I'll follow on with buys at points beneath the above amount. I'm not hoping for a fill but I know I have to be prepared if opportunity prevails.
This is how fortunes are made. By the way, New York City stock brokers take lunch around 1pm Eastern time. Lunches are typically of the drinking variety. This will explain why certain stocks will drop predictably around lunch time, only to recover meaningfully beginning about a half hour into the close of trading. It's a design to control the flow and direction of how a particular stock trades. Knowing this is key to how the "system" works can be of immense help to investors.
Hoping this helps somebody as that's the point of this board.
I am,
Jugs
But I'm not a drinking man so don't be assuming anything. There's another meaning for "jugs" as we men know. lol
Recent NGL News
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units • Business Wire • 09/19/2024 10:30:00 AM
- NGL Energy Partners LP Announces First Quarter Fiscal 2025 Financial Results • Business Wire • 08/08/2024 08:35:00 PM
- NGL Energy Partners LP Announces Availability of Its 2023 Schedule K-3s • Business Wire • 08/01/2024 10:30:00 AM
- NGL Energy Partners Announces Earnings Call • Business Wire • 07/26/2024 10:30:00 AM
- NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units • Business Wire • 06/21/2024 10:25:00 AM
- DocuSign Stocks Drop 8.5%, Braze Surges 15% as 1Q Results Beat Expectations, and More in Earning • IH Market News • 06/07/2024 12:09:36 PM
- NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results; Guidance for Fiscal 2025 • Business Wire • 06/06/2024 08:33:00 PM
- NGL Energy Partners LP Announces $50 Million LP Common Unit Repurchase Program • Business Wire • 06/06/2024 08:20:00 PM
- US Index Futures Mixed; Oil Prices Rise • IH Market News • 06/06/2024 11:29:43 AM
- NGL Energy Partners Announces Earnings Call • Business Wire • 05/16/2024 08:33:00 PM
- NGL Energy Partners LP Announces the Payment of All Outstanding Distribution Arrearages for Class B, Class C and Class D Preferred Units as of Payment Date April 25, 2024 • Business Wire • 04/09/2024 09:15:00 PM
- NGL Energy Partners LP Announces Sale of the New Mexico Ranches • Business Wire • 04/05/2024 04:46:00 PM
- NGL Energy Partners LP Announces Cash Distribution of 55.4% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units • Business Wire • 04/04/2024 10:26:00 PM
- NGL Energy Partners LP Announces Status of Investor Tax Packages • Business Wire • 03/04/2024 09:45:00 PM
- NGL Energy Partners LP Announces Third Quarter Fiscal 2024 Financial Results • Business Wire • 02/08/2024 09:33:00 PM
- NGL Energy Partners LP Announces Cash Distribution of 50% of Outstanding Arrearages for Class B, Class C and Class D Preferred Units • Business Wire • 02/06/2024 10:33:00 PM
- NGL Closes $2.9 Billion Debt Refinancing Transactions and Amends and Extends Asset-Based Revolving Credit Facility • Business Wire • 02/02/2024 05:55:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 01/30/2024 09:45:00 PM
- NGL Energy Partners LP Announces Pricing of $2.2 Billion Offering of Senior Secured Notes • Business Wire • 01/25/2024 09:58:00 PM
- NGL Energy Partners LP Announces $2.1 Billion Offering of Senior Secured Notes • Business Wire • 01/23/2024 09:35:00 PM
- NGL Energy Partners LP Announces LEX II Large Diameter Pipeline Supported by New MVC and Extension of Acreage Dedication • Business Wire • 01/22/2024 11:30:00 AM
- NGL Energy Partners LP Announces $700 Million Senior Secured Term Loan Facility and Provides Financial Update • Business Wire • 01/17/2024 10:48:00 PM
- NGL Energy Partners LP Announces 2023 Open Season for Grand Mesa Pipeline Starting December 6, 2023 • Business Wire • 12/06/2023 11:30:00 AM
- NGL Energy Partners LP Announces Second Quarter Fiscal 2024 Financial Results • Business Wire • 11/09/2023 09:23:00 PM
- NGL Energy Partners Announces Earnings Call • Business Wire • 10/20/2023 10:30:00 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM