NGL Energy Partners LP (NGL)

[jugs]

You're having fun, right?

I love these hunting adventures...you never know what will turn up along the trail but there's not much difference when it comes to assessing "trail" versus "trial. Yet the impact is all too real for some.

If my $12.10 units come through, I'll be the contented cow as I never thought I'd spring for more than 24 unit

Yikes, you got me to look and yes---my last 100 NGL units filled at s12.10.

That's it for me with revised numbers as follow:

Number of NGL units: 36,000

Cost basis: $10.847.

At this moment I'm down $24,000 so far today. As we drift into the NYC brokerage alcohol-based lunch, things may grow worse. But I'm feeling so secure in the knowledge that I've got a tidy sum locked up in the form of dry powder, away from risk associated with Wall Street.

The balance of money tied up in stocks is bringing in a fat enough income for the wife, me and our critters.

And NGL is going to bear delicious fruit, I'm as confident as could be. I've been studying the last conference call transcript and can readily see that plans voiced by Trey and Mike who head up NGL are indeed well underway and fully accomplished for the most part. The balance sheet is far stronger, debts not due until 2021 and 2022 have alre3ady been impacted by their efforts to clean up and strengthen the balance sheet.

Things are looking awfully good to me. I'm not fat but I sure feel like the fact cat. Danged proud of it, too!

Rest well, weary sojourners---we deserve a rest today. And watch for NGL's rebound from these lows. The juicy distribution will guarantee a return to our higher numbers.

Happy hunting!