NGL Energy Partners LP (NGL)

[pete807]

Yes there are many Cramer lemmings. I too have learned to watch what he thinks and play off the people that follow him over the cliff. lol I tend to disagree with him about more than a few stocks. I don't care for most "C" corporate boards structure and payroll, and find shelter in REITS and MLP's that give the bulk of earning to the investors. This is a great buy op imo for NGL!
I recall how Cramer was such a giant fan of Richard Kinder and his companies... promoted them and brought Kinder on the show often. That was fine until it wasn't anymore as we saw. Now he talks the other way, and Richard caused a lot of pain when he made everyone invested in KMP take KMI at twice its soon to be value. Then they had to pay all the capital gains on the inflated basis that sat untaxed while the De facto MLP guru walked away from the world he created. I use my remaining KMI to offset gains elsewhere. So NGL paying the high yield and still rated outperform and a $20 target is fine by me!
... It will eventually come back up lots and then they will call for higher targets while continuing to return the capital invested.
GLTA!
-pete