NGL Energy Partners LP (NGL)

[jugs]

Not wishing to sound like a broken record but I'm fairly sure we are at the beginning of a strong ascent when it comes to where our NGL valuation is heading.

So much has changed for the better and positive returns appear to be coloring our future. As I'd mentioned earlier here, I picked up 1,400 strictly trading/speculative units of NGL on margin when we experienced that ugly downturn following declaration of the distribution we are receiving today. I sold 300 Monday of this week to reduce margin pressure and expected to sell more of those trading units with a nice built-in gain. The gain is even greater today.

Now, I'm realizing that it would be a major mistake to follow through by selling. Units are climbing and I fully expect them to continue doing so. Even a lot of positive feedback is occurring at Heaping Crappers so that tells me the only ones lost at sea are non-swimming shorts. They are obviously all wet. lol

We are doing just great. And I can't find reason to worry about the big bad bogeyman hiding in the living room drapes.