Replies to post #1732 on Northern Tier Energy LP (NTI)

[pete807]

I have no interest in holding this into a merger and holding onto shares of WNR.

You and 99% of the current unit holders I suspect, since it yielded so much. Only upside...When it drops after ex it could be limited by the offer that doesn't change with the payout... so the deal is improved by two payouts if the deal is not done before year end. Wish it would not happen but that is unlikely.
We shall see, but I don't like the current deal of 17.50 cash, .2266 stock. I suspect the short position of WNR will return to double digits following this biting off more than they can chew deal, which assumes a giant debt load imo.

[pete807]

NTI was a gem these last three years. Bound to get swallowed if they could not get bigger acquiring another refiner.
Don't panic now even if you own KMI as I do. I held KMP forever and took offsetting losses when they sold to KMI to avoid a lot of taxes last April. Now my basis for KIMI says hold till you get something for it. I certainly should have sold at at 41+ but it will come back to at least 35... before I sell. It just might take a couple years though...! I think oil will stay down at least till after elections next Fall maybe even years after that. It will rise when the world doesn't fall apart and economies turn positive. "IF" I should have said. lol.