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jugs

11/08/17 4:44 PM

#1325 RE: pete807 #1322

As good friend and fellow moderator has pointed out, I probably confused some readers as to what stock I was addressing. While I'm invested in nine stocks at present, two represent the majority of invested cash in my portfolios. They are, obviously, ALDW and NGL. I thank Pete807's help.

I very carefully studied yesterday's transcript drawn from the NGL conference call. There is absolutely no doubt about NGL's doing their very best to find ways to increase distribution yields. CEO Krimball makes it totally clear when stating that ongoing discussions haven't dabbled into any discussion concerning sustaining the ongoing distribution whereas ALL discussion has centered about opportunistically raising the current 39 cent distribution.

If there's any single item I think investors fail to consider when attempting to understand a company, it's this:

Numbers reflect history. Trends will usually be amply evident although historical charts cannot provide concrete glimpses into a future yet to be spelled by the passage of time. Thus it is that a company's most compelling feature for the new investor will be discoverable with the company's story...not numbers, mind you, but the story.

For three years the ALDW story has attracted me in favorable ways. NGL poses the same face. It is my contention that both of these companies, with their great stories, are poised to become major fortune-makers in the coming year.