Replies to post #1409 on NGL Energy Partners LP (NGL)

[pete807]

Buy volume was slightly ahead of sell volume all day until 16:00:35 when 619,014 units flipped. Sell @$12.05.

Is that pre arranged by the MM to take what the market didn't during the session? Close established the price? Any idea as we see a lot of big after hours blocks in the first minute or two on most stocks. Guess how markets are made.....

https://ih.advfn.com/stock-market/NYSE/ngl-energy-partners-lp-common-units-representing-limited-partner-interests-NGL/trades

[srains]

Thanks Jugs, I appreciate that. For good or bad, I like to post my trades (usually before I make them). As far as NGL goes, if I was someone looking to start a position, this would not be a bad place (IMO). I dont have a crystal ball but we could drop a bit from here, but I think it will only be temporary. We may hit resistance at 13 but once we break through, I think we fly. Again, just my opinion.

At the end of the day, this stock pays a good div and has for the last 5 years. Lowest was .39. which makes for an annual div of 1.59 which at the current stock price is 13%. I will take that all day long.