NGL Energy Partners LP (NGL)

[jugs]

Just got a fill for 100 NGL at $12.69. My offer had been $12.70. This is meaningful because it demonstrates clearly how deeply entrenched NGL is when it comes to fathoming pressures brought to bear by high frequency traders. There can be no earthly explanation for units to be dropping in light of the extremely meaningful news regarding the quarterly distribution just announced. Backing out the distribution three weeks from now (August 14th is the payout, 8/4 it goes ex-distribution), I effectively am paying $12.30 per unit. That is truly outstanding and we are going to bounce much higher from here for sure!

Games are being played right now and I'm scouring holdings in other picks, hoping to find something less valuable to me at this moment.