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jugs

01/19/17 5:51 PM

#642 RE: WallStreetRocker #641

I know, and I do appreciate your stance and gratitude.

NGL is a remarkably secure company. CEQP is another. ALDW is more volatile, partly, I suspect, due to its being easier to own thanks to the $10 price tag. USAC is a fine company with a happy future ahead, imo. I haven't the cash to support a bid for entry.

What's your ALDW cost basis? I have a feeling your timing was off, else you'd not be waiting for ALDW resolution. I sold off a lot of NGL as well, using same to finance a major bit for ALDW back in March of 2016. But I'm well ahead in both (having rebuilt my NGL position to 6,000 units). That has me thinking you got caught between a sale and a buy and things didn't work quite right.