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jugs

02/07/17 2:02 PM

#672 RE: pete807 #671

As everybody knows or certainly should know by this point..... I have two wives purchased at the market.

ALDW and NGL---two beauties, I'm convinced.

So when I read one of the quotes you've posted speaking to things NGL is "expecting," I pull back just a tad. My wives can be finicky and I've learned to abide by the Reaganesque line---"Trust but verity."

I am convinced projections concerning rising distributions over the next several years will happen, barring bizarre circumstances the BOD couldn't possible see at this point in time. So I'm good with how things are fleshing out, and not harboring unsavory thoughts about management's use of media outlets to curry favor.

Notwithstanding the aforementioned, we investors might keep in mind that SEC rules back in 1934 point to things like "We expect, we believe, etc."---as to NOT be regarded as anything etched in stone.
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A word about today's big drop...I have to wonder how sophisticated NGL's potential audience is, given the obvious fear bringing on the large drop we witnessed out of the gate this morning on the heels of disappointing earnings news. One would think distributable cash flow were the problem, threatening the distribution coming our way on 2/14/17. That's a week from now yet folks pulled away from NGL as though it was anathema. Mindless!