Northern Tier Energy LP (NTI)

[pete807]

Not to worry. Plan is coming along nicely. My toes are in the starting blocks....Folks won't understand what we know, as bzusa pointed out... WNR will run out of cash and force their shares on some unsuspecting NTI holders that ask for all cash. Maybe there will be another formula for those folks electing cash, above the $15 +.2986 shares. I won't lose any sleep here. Approximately 30K will be the final number for my 3.5 year odyssey here.
I won't expect WNR to fall completely after they complete the acquisition. Market will think of them as winners. Plenty of big debt tickers do well with successful execution of their agendas. Their guaranteed $15 is even green for my long held position so anything above that in shares is gravy however tainted it is. I could see a spike in WNR from the big cash flow they will show and at some point they could reach a point where another $2 per share over those that run for the exits could be realized. The cash I re-deployed over at SDLP is ahead by $1600 after only a day of ex drop trading, adding in the healthy payout. Similar situation at JPEP where already ahead $800. I expect more of the same trend over there. Even at $40 crude the whole picture is very good for this old energy guy. On the way back up whenever it happens there will windfall for us.