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The market had recovered most of yesterday’s loss when ngl was 11.30. Crazy happenings here. Shorts ?? Help me understand this pick of ours
Hi this week 11:85 now 10:50 ngl lost over 3 dividends. I can’t Walt till this stock rises to the new level settles in and I can sit back and look at my profits on the stock price and enjoy the great distribution. At this point it’s hard for me to be happy with a 8,600 distribution when I’m down 28k+ in 5 days.
Just imagine if they dropped or cut the div. Where would we be?? Oh my!!
Lol. Very true. I’m kinda all of them.
WoW !!! Just WOW :(((
Just added 2k @10.94 I am CRAZZZY !! :)))
Ah :: easy come easy go !! +10k ,, -10k lol. Well fitch ratings came out with a very informative/ positive report on ngl after the close yesterday. Found on TDA - ngl - news Maybe up 20 k today:))lol
Don’t recall ngl being under10 2 weeks ago
According to my TDA chart ngl is up another.22 on over 50k volume in after hours
I’m :::)))) and 12.50 by the end of the week will get a lot more :)))))
I sure hope ngl can buck it’s trend that when the markets up , it declines. The last 2 days ngl has done amazing. Now today the market should open up over 300 pts. So let’s see ngl reach for 12. Good luck to us !!
Also .39 x 2000. = 780 SWEET!!
Good moves !! Either you get to keep the .35! Or get called away and get 12.85 for a stock you got at 11.01 in 2 months !! Nice
Where’s ari gold and Yedi??
Ngl ===========. Not Going Lower :)))
Maybe someone else can explain it better ? You have 2 ways to describe your ngl. Both add up to the same $$$ up or down. If you use your cb and add or subtract from the share price you get your net profit or loss. I have 20 k shares at a true cb of 12 so I’m down about 18 k. But over 2 years collected 64k in dividends so I’m up about46k. Now if I took that 64 k by 20k shares and used it to lower my cb to about 9.3 which would be the same thing = 46 k it’s just a preference on how you wanna do the math. Hope this helps. Lol
The math comes out the same either way. You have a true cb and a dividend adjusted cb. I believe your cost basis is a lil above 10 adjusted with your distributions. I would prefer to give my true cb even though it’s a loss but I can claim 64k in dividends in 2 years.
I guess there’s 2 options. You choose to lower your cost basis with the dividend. If that’s the case you can’t really say my cb. Is xxx and I’ve made xxx in dividends. I choose to keep my cost basis as my real cb (purchase price) and can say I’ve made xxx in dividends.
I totaly get it. Would it fair to say my cb is 6 and I’m up over 60 k in dividends?? No. It’s one or the other. If I used the 60 k to lower my Cb to 6 then I don’t have that 60 ?? Lol. Now I’m confusedv
I personally don’t subtract my dividends off my cost basis. To me that would be like double dipping. To say my cost basis is 10 cause I got 32,000 in dividends per year. . I prefer to look at it as. I got 32k in dividends per year . But I’m down 9k on the stock overall. In the near future I hope to be at 32k per and up 40-60 k I need a stock price of 13.50 -14.50 to achieve this milestone.
500 @ 11.01
Positive outlook from globe news wire on ngl. Can be found on yahoo or TDA. Maybe pass 12 today!! Good luck to us !:)))
Anyone else notice ngl spread is .01-.03 on the bid n ask. Since I can remember it’s been .05
Lol. I agree. Think he means 11 but will party at 12:)))
Jugs: ngl had a daily high today of 10:90 hardly knocking on the 12 door but agree the epa news is positive and thinking its time for a reversal tomorrow leading up to earnings.
Yes. Pretty sure
In the quarter ending June 2017 ngl was averaging 624,000 barrels of wastewater. The quarter just ended June 2018 they are averaging 920,000 barrels per day. With the purchase of the 2 ranches ,122,000 acres with new pipelines to be connected. At 4-6.00 per barrel the #s and $$ are astonishing.. just a matter of time !!
Lol I’m doing better than you !! I’m getting 1560 for each 1k :)))
Wells Fargo gave the same outlook on smlp on Monday It’s down 1.50
Please don’t wrench your neck !! Flip the monitor instead.
Great post Jugs and I agree with all :: except I believe we rise next week ... and I surely know you want 600 shares =48 :))
THanks !! Some hope for next week
Can you elaborate on that please , what exactly does this mean ? And is this a positive? Thanks
This ngl of ours sure has me perplexed!! So much good news and it’s been tanking. This morning I noticed one firm dropped coverage on ngl on TDA . Then saw a mlp fund is dropping ngl , I figured , oh boy here we go again , but here we are up .30 at this time. Hope we hit bottom and we continue to rise.
Well pre market had ngl up .90 and I was feeling all warm n fuzzy inside. Then 9:30 am reality hits -25:(
Markets go up ngl goes down oil goes up ngl goes down ngl announces selling of propane business for almost a billion , it goes down they say div. Is safe and may go up 10 % down again. Insiders buy ngl goes down. Announce purchase of 122,000 acres for water solutions future business,again down!! How long can the manipulation last.
+ 500@ 11.36
What a bonanza. 122,000 acres!!! We got our own ponderosa!! Go cartwrights!! Lol
CAN THEY POSSIBLY KEEP THIS STOCK DOWN ANY LONGER!!!:)))