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Re: pete807 post# 1828

Thursday, 01/21/2016 1:28:08 PM

Thursday, January 21, 2016 1:28:08 PM

Post# of 1887
You're more tax-aware than I so I'll assume you're on top of things.
Obviously you've thought this out carefully, I admire you for that.

I've had NTI and another MLP or two in sheltered accounts. I have NGL in thee sheltered ones in addition to my general account. My accountant takes care of things so that nothing infringes on my fun other than for the blood in the streets.

This year has been terrible for me. However, I've executed so much repositioning that I'm expecting great returns starting later this year and continuing into 2017---pretty much what I think you're thinking, too.

Glad you're back in SDLP. There's discussion on the board although I know I stirred things up a bit through just a couple of posts. That has me thinking members are unsure about the stock. With you joining me on the board, we should find it easy to stimulate interest. That would be nice for us all.

I'll be a buyer at $2.15 as I indicated but if it gets all the way down to $2, I'll go for more than doubling my position (1,500 units). I know better than to assume today's numbers will stick. So I figure you're right about adding in the low $2s.

Boy, I hope you'll get active on the SDLP board! It's so much more fun for me, having you to play catch with, given that most members are looking for irrefutable logic on which to build a case for adding shares. But there's so much to be said for the fun of sharing ideas and insights, gains and even failures.

Meanwhile, let's enjoy the moment even if it yields to day traders in a couple of hours.