NGL Energy Partners LP (NGL)

[jugs]

You know I love you, man..... but I've gotta disagree a bit.

The investment community isn't a singular entity capable of delivering an organized hex onto a stock we happened to have picked. But it sometimes appears that way!

All of our indices were down today. Breadth of negativity included the S & P 500, Nasd and the NYSE. Small wonder, then, that we closed within a dime.

We'll rise next week with increasing momentum as befits any company paying 39¢ in three weeks, amounting to a 12.5% yield.

Most investors never heard of NGL. They won't care or even know that Krimball's pledge couldn't be honored by the BOD.
And the company won't be making that mistake again.

Disappointed investors often search for a scapegoat. I think we'd do better by accepting that happy conclusions may require more maturation time than previously thought. I'm good with that. In three weeks I'll collect just over $6,000. And this is what convinces me that our unit price is going to move strongly over the next two weeks. That 39¢ distribution is hefty bait not to be ignored.

Today was a funky day for sure. Fridays push some to liquidate positions. Sour markets don't help support. But the carrot is in place and this bunny ain't afraid.