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Re: fung_derf post# 196

Friday, 02/24/2017 3:49:29 PM

Friday, February 24, 2017 3:49:29 PM

Post# of 724
Your large position has that cost basis difference adding up very nicely for you.

Of course, this sometimes works in reverse as is the case with NGL and ALDW. I've got 7,500 NGL and am taking a hit today. ALDW, same thing, and I've got 25,500 units.

This is why we have cheeks on top and bottom---we can turn the other cheek(s) when the market is a pain in the head. (Butt?)
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