Northern Tier Energy LP (NTI)

[pete807]

There is a flurry of SA articles in my email about the takeover. It is clear that they think it will happen but after reading all of them I conclude that I should hold all my units until more information is available, I also will not buy more, so for now this one is done. I do not expect the price to drop a lot or rise a lot as we are now 1% above the takeover offer according to one of the authors. We could see the deal play out all the way to $30 in value as I suspected. Reason being NTI performs well and it will take time to complete the deal.

WNR may eventually be compelled to up the offer slightly.

http://seekingalpha.com/article/3649116-northern-tier-energys-strong-performance-continues?auth_param=i4ud:1b3m94n:52cc2b6f599137e0a7791f92c56ccf4d&uprof=46

Whatever the final takeover price is for NTI is I will add it to this months and February's "return of my capital". Then when its gone I will turn to the other two refiner MLPs and study them more closely.
The current plan is:
I will take some money off the table and try to swing trade them both. I will keep a core position in CVRR and have joined jugs as a moderator. ALDW may come down to where I will want to take a stronger position but their reversal of adding another refinery to the MLP will keep me cautious until something changes/improves over there. Both will be attractive during/after a turnaround quarter, as the variable nature surprises investors who don't get the bigger picture. GLTA!