I agree but only with a caveat:
The arbiter is time, itself.
I've got much of my money (stock money) in ALDW and NGL. Each is moving higher with explosive power. And each, if reaching my expectations of profitability, will be sold off by me. If things go as appear likely, this will happen by Spring of 2018.
The amount of money these two picks are gaining right now amounts to an enormous gain when compared to AMZA---again, right now.
Case in point: A few weeks ago I sold AMZA and put the money to work in NGL at a cost of $8.80/unit. Those units are now pricing at $12.48 and climbing explosively. I predict these units will be north of $17 well before year's end for a whopping profit.
AMZA's 22% yield is not more guaranteed than is the much larger return NGL is providing.
Time is certainly our most precious commodity and I can't help but court it as the prettiest lady on the block. lol
Your points are all very strong and accurately connected, however. And my approach embraces greater risk but only to a point. AMZA will probably do very well---in time, that is. Even then, however, it's dependent upon the energy sector as a whole to do so. I believe this to be the case more so with AMZA than my most critical picks which can drop just so much as their products and services are absolutely essential to the well-being of our country.
Also, AMZA is not going to gain much ground over the next few months whereas NGL appears to be doing just that. ALDW, too. NGL is a player in the pipeline space, by the way.
I think we disagree only on the allowances we make for time.
Good debate!
