NGL Energy Partners LP (NGL)

[jugs]

When analysts make their preferences known to the public, we retail folks need to consider that they compile their research-laden reports on a number of things not necessarily within the purview of everybody else. Remembering that their target audiences pay them is always going to be number one on their collective minds.

This must translate into a conservative edge. Better to err on the side of caution rules. Zacks tends to be conservative in my opinion. They will protect their membership payers above all else. Others will do much the same thing.

My ongoing analysis has me expecting great strides forward. Then again, as I look through positions owned by stand-out NGL position holders, I'm surprised that the numbers of units held is sometimes fewer than my own position! That really surprises me as I don't think of myself as MR. Moneybags nor do I manage other people's investment money. It's just me.

Too, given that NGL traded as high as $25.80 during the last fifty-two weeks, the fall from Grace has been nothing short of a slaughter for sure. Small wonder that most firms will be cautious in recommending the company.

I've had an order for 200 units of NGL in place this week as I try to reel in units pricing at $10.90. It's an AON basis so I may have to change it to 100 units and reach for 100 of ALDW at a price yet to be determined. I don't need more units of either but I hate watching idly as these two get beaten up.

Happy hunting!