NGL Energy Partners LP (NGL)

[srains]

Nothing but respect. You called your shot and took it. You are sitting on some huge gains and have lead a bunch of us down the golden road. I respect the fact that you made your call and posted it. I get tired of people posting 3 days after some alleged purchase and how they got it at the low of the day. Your purchase is hedged by a .39/share div so even with the pullback at the end of the day, it was a solid call. Your purchase earlier was closer to the low so it all works out.

At the end of the day, we each have to determine our own trading practices. We do not always take the same road but we are all going in the same direction. Some of us like trading covered calls. I bought my last 1,0000 shares for 17.23 (I think) sold the 17.50 calls for .60 so effectively covered a 1.00 to the downside BUT if the stock had kept running to $19, it would not have looked like a made a good trade.

Good luck to us all and I think we run after earnings are announced. Lets see what we think about our trades then