Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
On November 23 I held approximately 20 shares of ngl. In the last 30 days added 35 more. Besides a couple of ngl day trades I sold 550 10.00 dec 21 contracts for .32 = about 17k With this being said. I’m not sure I’m comfortable owning such a huge position in 1 stock. I’m just a lil fish and 55 k shares is a monstrous chunk of my portfolio. I really want the huge payoff I see coming but the stress , sleeplessness and anxiety is taking its toll on me. Ngl has held up wonderfully in the last month. Market down 4000. Oil down to 45. Ngl basically flat. My last 35 was bought between 9.22 -9.65 minus the .32 call and the .39 distribution coming eases my pain. My question to my friends here is how do you handle these daily/weekly swings from 10:40 - 9.06 and back to 9.40. Gives me knots n butterflies in the gut at the same time. I think I will handle these wild swings much better when ngl is around 15-18 , but then again. Probably not!!! Lol
I know. Oil is all over the map also. + or - 1.50 or more per day.
Boy , I miss the days that the market is flat on the day. Or +50 -50 seems the new norm. Is + or - 400 -600.
Your so excited you are stu stu stuttering. Couldn’t be happier with the way ngl is holding up in this environment !!
Couldn’t agree more !!! Right on the MONEY !!
Lol yes. That was a personal best. 434 mako. Jumped a amazing 6 times 20’ cartwheels. Ngl is doing the same thing. I killed both !!!
Since I added 35 k of ngl a month ago in the 9.26 -9.59 range the general market is down well over a 1000 and oil has dropped yet this ngl train is tracking higher. Great times for us. !!
Just picked up 10k at 9.87. Then sold dec. 21 10s for .31
Don’t wanna be greedy but I may I see now I left about 2k on the table ! Oh well can’t second guess myself. I like to trade a lotta shares where .05 -10 is a nice chunk. Also do it with stocks I want to own. So if it goes down and I keep it. No biggie.
Don’t wanna be greedy but I may I see now I left about 2k on the table ! Oh well can’t second guess myself. I like to trade a lotta shares where .05 -10 is a nice chunk. Also do it with stocks I want to own. So if it goes down and I keep it. No biggie.
Made my days pay today :) lol. Bought 10000 shares at 9:8199 sold em 9:91 holding 45 for the ride up !!
Is anyone else missing ngl news and bid n ask / graph above the posts ??
Very happy the way ngl held up today. Probably due to the upgrade. Thanks !! Going to go out on a limb here and predict ngl closes flat tomorrow on very very low volume :)
Great news!! Thanks
Aparisi::: I have over 20 oil/ energy stocks on my watch list. After reading your post I went to a 3 month chart and cycled through ngl and the other 20 they are all very similar!! This is not a specific stock issue or BOD lying. This is a whole sector issue.Do you think insiders would be accumulating shares if they knew they were lying?? It will change. I’m adding down here and will sit back and collect the distributions. Don’t know you , and I’m not giving advice, but if ngl is near it’s lows like every other mlp. Why would you sell. And not add. If you really believe bad things are going on behind the scenes , you should SELL regardless of what ngl does today! Just my thoughts. Good luck to you either way..... ps. I think we all know, it hurts when your stocks go down more than your distribution.
For the non mathematicians of the board. That = .61 :)) good luck to us!
With oil up and the dow futures up I’m guessing we recover Friday’s loss and add .10 there’s also the news of completion of sale. We will see.
Added 15 k today in 3 different lots aka jugs. 9:44 9:38 and a few minutes ago 9.2699
What a nice day. Split some wood , played with my dogs in the woods , got the boat ready for a block island blackfish trip tomorrow. . Did a lil day trading. :) up nicely on a couple recent buys. Mdr and smlp. Last week picked up 10 k Ngl at 9.33 and 10 k at 9.44 sold 100 contracts dec. 21 10.00 strike for .32 life is good enjoy my friends
Yes 20/20 hindsight!! Lol. Only wanted quick 600 but it shot up quick !! And went up another .13 I’ll a Thursday afternoon quarterback lol
At 1:15 bought 10k at 9.49 at 2:15 put in a 10k sell @9.59 went off at 9.62 immediately went to 9:65 veddii interesting Lol in Artie Johnson’s voice. :))))
Don’t think they bought. Believe they acquired
My feelings exactly!!! Minus the LOL
Thank you. Hope so. Also started in mmlp , Smlp , and added to ngl holdings Hoping for the best.
Started a position here today. Good luck to us.
Started a position here today. Good luck to us.
Started a position today. Good luck to us.
I agree with you both about patience,, just don’t want to miss the boat if they announce the buy back. When ngl is 12 , 15 , 18+. My low 9s and 16%+ distribution will be sweet. 10k at 9.3398. I’ll wait now. Thanks.
Thanks Jugs. Thinking your right. Going to take it a lil slow. Maybe add in smaller increments like you. Maybe add 10k units today n wait. I feel like a kid in a candy store !! Lol. I want smlp , mmlp , SXCP, lil Mdr Thinking these will give me plenty of yearly income. I will add + 20 k units of ngl at some point. I respect your experience and style. Thanks. I’ll be patient. Young weed hopper.
HAPPY THANKSGIVING to all my ngl friends. I don’t personally know anyone but I’m really looking forward to a Texas get together!! And not just because it would be a life changing event for me. But I’d get to meet Jugs , Pete , srains , swanlinbar, hotel , harkmi, tdeck, catdad , wallst, Ryguy, Trueh, and fret. And others. Love to meet you guys some day. I’m in a family run garage door business that’s been around for 80 years. I’m 59. Semi retired and from Wednesday nite to Monday morning I travel to montauk , the end of Long Island ny. and take people fishing for the experience of a lifetime. I love seeing other people/ families have a great experience. Thought I’d give a Iil info about me, as I often wonder about some of you guys. Well this is my plan for tomorrow morning , any advice is always welcome, as I’m certainly not a stock guru. I sold a property and the $$ arrived in my TDA account last night. With a portion I plan on buying 30 k ngl and immediately selling dec. 21.10 calls. My thought is. If I buy around 9.60. The call is .25 - .30 so if dec. 21 ngl is under 10. I keep the 30k shares and the 7,500 - 9,000 premium. But if it’s over 10 by December 31. The 30 k shares are gone At 10. Which gives me approximately a .40 x30k =12k +the 7,500-9,000 premium. Input ?? Ps. The wife made me a holiday cocktail ( too strong) lol so if this is too long , or too mushy or don’t make sense I apologize Have a great day my friends.
Thanks Pete.
TDA one day chart on ngl shows 808 k shares at 4:30 up 12 cents. But no other sites confirm this. TDA is a lil strange.
I just never went into my mailbox. Today noticed I had a bunch of private messages.
I have to apologize to the board!! I just looked at the top of the page and saw mailbox With the # 17 next to it !! So I clicked on it, and I have 17 private messages from different members over a year long !! I feel so stupid!! Lol. Please don’t think I was ignoring any of you !! I will check that more often. Sorry if I offended anyone.
Isn’t this 3 years old ?
Closing on a property 11-19 this coming Monday. Plan on loading the boat with ngl for dividends. Stock price appreciation would be nice also :) This dividend alone will support me in retirement. My thinking is I’m happy at anything under 10. My question to all the regular posters What prices should I look for to start adding to my position?? Thanks in advance
News out this morning. Ngl sells Bakken salt water solutions for 91 million.
No doubt about that. Good news , nothing. Makes up 400 nothing. Been a stressful 2 weeks for sure.
It’s on TDA. Under ngl. Then company news
Man. It really hurts to add 30 k to the market and not be able to buy !! :(((