Are you watching the annihilation of NGL Energy (NGL) which hit an all-time low yesterday of $6.15? Love how chief pumper Jugs now says he sold his shares, and NOW says to avoid energy MLPs. Not long ago he boasted that he was buying huge quantities of NGL on margin!!!
Yesterday I checked several categories of ultra-high distribution "Alphabet Stocks," mREITS, MLPs and BDCs and most have performed terribly during the CoronaVirus meltdown... Even worse than the broad market.
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
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