Idle thoughts on a Saturday afternoon that's part of a three day weekend owing to Monday being Memorial Day.....
NGL's CC takes place on Wednesday following the close of trading. Some of the possibilities:
1. Nothing changed quarter over quarter save for announced sales. If things don't point towards redemption, watch out below with sub-$10 a certainty.
2. Management indicates there has been positive change in the form of alliances now in process, with continuing balance sheet improvements on the way as well. This would be a positive sign.
3. Management announces a planned distribution increase, this time endorsed by the BOD. Even a nickel increase set for the August distribution would be enough to force a $2 rise in unit value immediately.
#2 & #3 above are highly desireable, I figure. I vote for #3 but with just 24 units, I've got no clout.
4. There must be other possible ways for this to spin...so have at it!
Market Data 
Markets 
AI
