jugs Monday, 11/06/17 09:50:53 AM Re: l_winthorpe post# 747 Post # of 782 As Tony the tiger may have said, "GRRREEEEAAATTTT Question!!" There are longs and not-so-longs among us. I'm a mix, myself, as I do this full time and when I smell a rat, I'll burn it posthaste. MLPs represent higher yields than the majority of stocks out there. Many dividend hunters chase them for the distribution and then, once in hand meaning they've received the funds or are credited with them as per having held the stock prior to is going ex---then they'll be thinking: "Where can I make some money now? After all, this stock is dead meat for three months." The caveat here is that as a company grows its bottom line efficiencies and prospers, we know the valuation will rise accordingly and we want to get in while things are cheap. This is why I'm poised to jump all over NGL if it drops bigly. In the case of ALDW, it's different for units are waaaay too cheap even now after a strong rise into guidance yet to come out. I will be a buyer no matter what if units drop much. If I pay more today than units run tomorrow? I'll be averaging things anyway and can't let myself get hung up on ego-driven nonsense. For me it's always going to come down to cost basis. My ALDW cost basis is $8.08 so it's about to drop below $8 and I'm delighted with that. NGL---my cost basis is $11.98 and will drop towards the mid-$11 range. For this company I think it's perfect as I expect we will be seeing north of $20 by Spring of 2018. That's not a long time for me despite being a cancer survivor. lol These picks are very exciting for me as I'm sure you can tell. I appreciate your questions, by the way.