There will always be institutions out there with their own designs. And they are not trying to help the investment vehicles or their investors, sadly.
I tune them out as they and I do not walk the same path. My task is to pull pertinent information together for the benefit of others and myself.
There are banks as we know. Some of them lend cash to
investment vehicles. It makes no sense to me that they would make moves aiming to bring their sponsored MLPs down.
No, we are seeing NGL dropping because of two things;
1. MLPs always drop considerably in the two months following their having paid out a quarterly distribution. A rare exception is ALDW which we all recognize has to climb massively due to the extremely high yield at the moment.
2. I've witnessed major impact coming from high frequency trading schemes. This has been the case for all of this year, thus far. I expect more. And I expect ALDW to become the next victim of these trading games as the two stocks are usually coupled in this manner.
One of the hardest situations we investors must confront always is that while money buys, fear drives us to sell. These moves are often premature, especially when fear rules, because the investor isn't aware of everything going on...or he's simply frightened.
I've made a lot of money with NGL. I'm slightly underwater now. This is hardly surprising, given my position size and that all stocks are vulnerable to various types of thinking and manipulation.
Thanks for acknowledging that this board offers you value. It makes me proud to know it.
