Energy Transfer Partners LP (ETP)

[jugs]

It's good of you to ponder such things. I would except for the fact that I really don't have any way of knowing how the combined entity will handle things. And they probably don't know yet, either.

But in the end, the fact is that whether I know or don't? Nothing changes as a direct result of it. So, then, as one who was blind twenty years ago, let me offer this:

There will be times when we are unable to project into the future because we lack the ability to do so. There will always be differing ways of establishing qualifiers but ultimately it's accuracy that spells relief. So that tells me I've got no choice but to wait and see what happens being as I can't alter the scheme of things.


There are things we cannot know. There are also innumerable things we don't have to know. Very conspicuous for my pondering is that nobody is explaining how it is that a month ago ETP holders were deathly afraid of the rollup yet here we are---$5-$6 ahead.

Nobody knew because nobody saw it! In my case, I sold a bunch of ETP to enable additional NGL buys. Then, a couple of weeks ago I realized I might have made a mistake and I went back and added ETP.

Smart? I don't think so. Lucky? You'd better believe it! And my hunch is that I belong in the same pile of know-too-littles that financed the run up from $18.

I'll take it! lol