Thanks for the recognition, always appreciate two-way discussion focusing on reality. I know you're the real thing as you go after opportunities for regular income and not merely to play the odds.
I'm not ever going to place funds into Icahn's hands to use for manipulation. $1.50 is nice but can never be guaranteed. I know history makes it look favorable but there's no future in history, right?
12% yields are also nice but they don't compare to the 116% from NGL which I continue to accumulate. And because it's so undervalued, it adds up to a very compelling play in terms of continuing distributions, increases thereof and a rising overall valuation if only to bring the unit price in line with the sector as a whole.
Most of my ALDW distribution will be going into NGL as it's greatly undervalued in my opinion.
And ALDW will probably drop back a ways now that the distribution is a done deal and we have to wait 90 days for the next opportunity. That translates into likely opportunity to add new units to older positions in ALDW so I'm in the hunt.
Happy hunting! And don't trust too much of your estate to the likes of one selfish, manipulative dude, regardless of his incredible wealth. He didn't become a billionaire by being nice to kitty cats.
Prrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!
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