NGL Energy Partners LP (NGL)

[rocket man]

As long as our distributions are safe, I could care less if it sells for $9 or $15. When the day comes when I close my position, I am sure it will be much higher than it is today. In the last conference call, they said the distribution is safe, and wouldn't raise it as it was over 10%. When the share price hits $15 plus, maybe they will raise it. Target coverage is 1.3x according to last call.
I did pick up another 210 at 8.86 yesterday. Looking forward to another 9K come February.
GLTA
Rick