NGL Energy Partners LP (NGL)

[jugs]

Wishful thinking might disagree with me but I'm not about to buy into it.

Volume is barely above 200K with about an hour and a half yet to go in the session. Trading we're seeing thus far isn't anemic---it's so bone dry even a starving vampire wouldn't be aroused.

I'd expected to see a spike in volume after the two day one-on-one to-do this week in a heads-on presentation but it's not in evidence---not yet, anyhow. We rarely see such muted trading but it shouldn't bother us.

However, there will be a day during the next six or seven weeks when I predict we will have visited our low of the three month distribution-based cycle. Hopefully those of us still in the hunt will seize upon the opportunity to buy on the cheap. I'm hunting!


Good fortune to you!