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jugs

10/29/15 10:51 AM

#1692 RE: catdaddyrt #1691

There's no love lost between the G. Partner and unit holders. I'm expecting considerably less than $1 that you mention for this coming payout due to the "unscheduled maintenance" and their indifference to public sentiment. I'm convinced they'll find ways to hoard a bit of cash to cover things about which we will never know. That will cut into our distributions.

I just put a few hundred NTI units up for sale at $26.57. I recognize these units may well be exceeded in value when the unofficial tender becomes a done deal but I like to have control over my resources. If ALDW or CVRR takes a bad hit, I want to be in position to take advantage of things without touching margin or dry powder. At this moment, my NTI investment is the iffy item of the three inasmuch as nothing beats the value of cash like cash.

Are you folks doing the same thing?