Northern Tier Energy LP (NTI)

[eastunder]

I have no interest in holding this into a merger and holding onto shares of WNR.

2000 units of NTI turn into 453.2 of WNR, a position that produces little income. They paid 2.26 for the year. NTI paid 3.80

Exchanging 7600 in dividends for a new position that would pay 1024.23 (based on their past year) isn't in my game plan. I would have to add to WNR and I don't want to. I think there is plenty of time to evaluate WNR's "new company" later on down the road once they prove themselves.

Best for me to take it all out before it happens and place it into one of my others or find a new one. Maybe just keep it in cash for now? Since that is my thought pattern there is no reason to hold it after the Ex. If nothing happens and the deal goes south, I have 3 months before I need to buy it back.

So, you have a beaten down energy stock? LOL

Goodness, right?!

Most of mine are energy related. I like to think of them as my 'Great income with a brutal outcome' positions. ;)

Tough sector.

Good Luck to you as well!