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Re: pete807 post# 235

Wednesday, 01/10/2018 2:21:01 PM

Wednesday, January 10, 2018 2:21:01 PM

Post# of 870
Thanks for the acknowledgment. I may have come close to the bottom but two things stand out about this particular play:

1. You led me to the pick. While I'd been aware of it and tracked it for many months prior to taking the plunge, the fact remains that I did launch a position out of great respect for you.
I felt I owed you that much as a friend.

2. As I often point out, it's not about our first purchase when launching a new position. It's about how we manage steering the ship. I started with 200 units of EPD and now have 1,200. It's not much but it's all I could afford due to other financial commitments. The real issue, though, is how we steer our positions. Always, we have to come to terms with questions involving the depth of our commitment and what about all those other beautiful ladies beckoning to us? NGL has been the reigning Lady Supreme for me and certain others around these here parts. NGL has limited my opportunity to draw close to others yet I've insisted that there be room for a full-fledged harem as it were. lol

So now, my 1,200 units of EPD hold a gain of $4,600. And that suits me just fine for now. I'm expecting we'll be seeing $35-$40 before the end of this year.

Happy hunting, folks! And don't be afraid of forking over $30 or less for EPD. It's worth it.
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