Northern Tier Energy LP (NTI)

[jugs]

This is not the time to be starting a position in NTI nor would it be my choice for adding. This stock is fairly easy to read in terms of when and how much units will/might appreciate. I think units will fall back to something in the $24 to $25 range within a month of this month's payout. That is where I'd suggest interested parties begin to consider making portfolio changes.

Sure---buy it today and you'll grab the distribution. But you'll be paying much more than that distribution for the sake of 77 cents! I cannot forget adding at $18 and $18.60---was holding 12,820 units before things settled down. I believe this was towards the end of 2013. When units rose to $27 and above, I sold about 48% of my positions in NTI for fat gains. I'm now watching for new entry points at $24. As with most stocks, this one moves through cyclical changes regularly. It is a mistake to get too comfortable with the stock you're engaged to---better to wait till you've taken the marriage vows and know you count on her!

My thoughts and opinions only in the above.