Uniti Grp. Inc. (UNIT)

[jugs]

To be perfectly transparent---something extremely important to me---I just liquidated my two UNIT positions, using the cash to add to NGL.

In one pick I see far too many question marks for my comfort whereas the other is very strong and entirely sustainable.

I need to do what I can to ensure beneficial sleep without fear and undue concern keeping me up.


Where there's smoke, there's likely going to be fire. If UNIT cuts its distribution in half, sure---the yield will be self-adjusting and look nice. But in the process, holders will sustain a terrible capital loss. It could take years to right itself through the accumulation of distributions and I decided to cut my losses to sustain myself as an investor in my personal estate and future sleep habits. I find much to be happy about in life but worry and needless risk don't fit the picture for me.


Good luck to you!