Northern Tier Energy LP (NTI)

[jugs]

Wonderful sharing on your part. Thank you so much!

With pending distribution secured, I sold off 3,500 CVRR units today. This strikes me as not the best time to chase refiners although I continue to hold NTI and a much reduced position in CVRR. There is also too much chop in today's market for any rational person. Of course I've never claimed to be such a person. And lacking conclusive guidance addressing the fire responsible for having injured four employees, I wouldn't be at all surprised to learn of very costly repairs and preventive devices being installed. All of this affects the bottom line.

So I'm staying more in cash than usual and hoping for less churn in the couple of months ahead. Surely there will be fresh income opportunities coming our way.