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TNMopar

10/25/17 9:56 PM

#1236 RE: jugs #1233

I liquidated my remaining position in Delek yesterday (resulted from the buyout of ALJ...of which I used to own shares) with the intent of buying more ALDW. My order never filled yesterday. However, today presented a nice opportunity to buy more NGL. I pulled the trigger a little early getting 1000 at 10.75 but feel it was still well bought. I'm looking forward to holding onto this for a while. Hopefully we emerge from these "short games" soon. I'm now in the 23 club. GLTA!...and I really do appreciate this board.
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hubwolf1

10/25/17 11:44 PM

#1237 RE: jugs #1233

I've been in ALDW for awhile. Also had NTI which was great until it was eaten by a bigger fish which was in turn eaten by a bigger fish. I sold NTI and did well with it and put the money in Oneok which went well and I opted to sell out of that when it was ready to be eaten. Found NGL by reading you on ALDW board while searching for an MLP that had a steady decent distribution and a likely price distortion due to energy market drama. My initial shares were in the 12 range, I bought more in the 8's. I ended up with a chunk of shares at about 10.60 average. I bought more today at about my avg which did in fact put me in the 23 club. I'd gone through the list of insider trades, knew about the recent 75k buy by the CEO, but was pleased to learn that there were others on the BOD with share counts in the millions besides Krimbill. I also noted that a bunch of others have tens to hundreds of thousands of shares that up until recently represented millions of dollars of nest egg. Just another piece of a good investment story that spells motivation. I also noted that many officers and directors appeared to be in their 40's-50's, seasoned but young enough to be around for awhile. That's why I bought on the dip today along with the fact that there would be a distribution to defray the cost of those shares in the near term. Mostly I lurk but thoroughly appreciate your wisdom and musings on this board and ALDW. You are indeed the master.