When I first arrived on the NGL scene here at IHUB, I saw nobody detailing their trades.. I couldn't help thinking that doing so could ease the nerves of some venturing forth on non-penny turf and suitably fearful. As people get to become more familiar with us, their confidence grows for there's going to be a thread of logic underlying our trades. This also points towards prices we're willing to pay for units of NGL as well as sharing expectations.
All of this helps those looking for a little assistance. It's what this board is all about.
When I see pete807 has 20 followers, I'm comforted in the knowledge that 20 investors are trusting him to be a guide as they steer their ships in search of additional validation as investors. That's a huge deal.
As a senior of long standing, my goal is to be of service to others, same as pete807's is. I'm not hurting for money and the only debt I have is the amount I am using in margin (borrowing) to pay for stocks. It would be a simple matter to liquidate the amount of my borrowings to undo my margin obligation. However, because of your detailing trades and pointing to having paid such-and-such for NGL--I immediately took a harder look and was shocked to see $12.05 as the price just after market close. I zoomed into firing position and went after 500 units offering the ask price of $12.05 plus added a nickel to make sure I got it. If I overpaid as the morning may show, then so be it---we all want to prosper, not just me. I'm convinced there's enough fat on the bone to justify my having paid $12.095. I'm looking at $30 in less than a year out.
So, thank you again, srains. And know this--- you are making friends by attracting followers. They (and I) owe you for your participating here. In this particular instance, your actions pushed me to towards a buy opportunity quite unexpected and pete807 found his wick lighting too.
Jugs
