Wednesday, January 20, 2016 2:13:01 PM
It has me wondering if the tender WNR came up with will be further modified to the downside? I'd expect so. No point in putting out dinner for the dead dog.
Yesterday I sold my last remaining 200 units of NTI. I hold no shares of WNR. I traded the cash in for the launch of a new position in Sea Drill Partners (SDLP) paying 25 cents soon on units barely above $2. Now there's a sweet deal!!! Do not confuse this with SDRL which hasn't a partnership orientation and pays nada.
Also added significantly to NGL and LADR, both of which are covered on their respective boards here at IHUB.
These will be regarded as bold moves by some, no doubt. But these are investments that I believe hold greater promise than anything to be derived by holding stocks going down quickly in a red bath.
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