Thursday, March 17, 2016 11:26:21 AM
On a day that has me up whoppingly, I just noticed that NTI and WNR are both down just a tad. But that they are down anything is beyond my understanding. These are, after all, top tier companies in their respective arenas.
That has me thinking a lot of folks are upset with the proposed vacuuming process in play although yet to be finalized as WNR bids to take NTI into its gullet instead of seeing those juiciest of all MLP profits distributed to mere humanoids.
I can't believe WNR's business is at risk, far too well managed for that, at least in my mind. Sure, debt-load issues will play into things but even GE carries debt. This is the way of the market's universe. And NTI has been spectacular and I know this to be the case as I was in it from its earliest beginnings. While I'm now out of it, I gained immeasurably while a unit holder and refuse to let my feelings get in the way of personal business management. If the government refuses to honor the WNR proposal, I'll jump right back into NTI, no doubt about it. Incredible stock.
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