Happy New Year to all the readers of this NGL board!
I appreciate the many level headed comments that stay on point about NGL partners, as this is about NGL, a Master Limited Partnership.
Some may think and post NGL will not succeed while others will disagree. Fine, ...keep it civil and about NGL or be deleted if you attack another poster.
Most of the longs here are up to speed on what NGL is about, ...also what they used to be about, and are looking for the change to be profitable. Some my not care but throw their hat in the ring and buy based on analysts predictions, or sell short based on chart dynamics. You can bash the company, even management and try to profit by shorting.. Good Luck with that.
I knew a HS grad who thought he was going to live off casino gambling because he had a string of luck at the blackjack table. Fools and their money... as the saying goes. I think the longs here are not illogical dreamers, and can afford the risk for the possible great reward. Both of those are elevated as is the distribution. Do your own research and make your own decisions.
My decision is to add NGL units after January 15th if the price is below my listed cost basis which does not include the distributions. My decision is based on my true cost basis after distributions which is below the current price and will be .39 lower in less than 60 days.
GLTA!
I was gone the last few days and noticed 60 messages unread! Some were deleted, too lol. Stir the drink if you must but beware.
I have been fishing on the big Lake of the Woods,... with 14,632 islands that straddles the border in what I call the Great White North. Winter there is stunningly silent and beautiful. When Europeans first came there 300 years ago they had to be amazed. It is still wilderness and stretches from it's southern sandy shores into the Canadian Shield that extends all the way to Hudson Bay. Roughly 85 miles long and 60 miles wide. I am lucky to have inherited land on it's Canadian rocky shore.
-pete
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-
