Replies to post #1693 on Northern Tier Energy LP (NTI)

[jugs]

The decline in throughput has me thinking we're going to see a distribution drop of between 15-20%.

While I continue to hold a lot of NTI, I view ALDW as being more promising, given the blurry picture we have, due to WNR.

It should be noted here that I work at making money via distributions and flipping. If NTI announces a distribution of $1.20, I might be a buyer in anticipation of flipping the day before it goes ex-D. High yielding distributions are less meaningful to me than taking advantage of changes in cap. appreciation.

Adding strongly today to ALDW makes sense to me as there's greater clarity in that than I'm seeing in NTI. But as you point out, this could change quick as a wink.

And that's why I continue to hold a lot of NTI.

[pete807]

The buyout press release has had no effect on the crazy swings. The pattern is almost predictable still. Daily use by some brainless computers testing each direction and profiting in tiny bits by going long or short with quick covering.... My L2 screen from Schwab shows real orders on one side of the screen and then lists all the electronic testing done with an "if", on the other side. Limit orders at less than ask I presume so... they are real also but why doesn't it appear over on the other side? Eventually the bid/ask changes on the other side of the screen. Just puzzling.
I am waiting along with others like Catdaddyrt to sell until I hear what they are paying... and saying about the offer. Funny how the GP can pay whatever they want for my shares and borrow the money from banks who get the capital from the fed at 0 interest and downgrade the stock to help facilitate their collecting some interest from the GP. It should be criminal... in my world.