Replies to post #1826 on NGL Energy Partners LP (NGL)

[jugs]

You know something? I am so proud of you! Yours is a powerful statement and I'm touched, really. 39 units is a strong position, alright. I've been stuck at 24 for months but by selling half if my DK

[jugs]

Hit the send button by mistake;

By selling half my DK I freed up cash to use Monday morning should we drop further. I won't buy in 1,000 unit lots as that means I get locked into the price at a certain moment,unable to take advantage of a deteriorating price point. I made this mistake myself this morning but corrected my behavior in successive buys. In the process I saved myself hundreds of dollars.

I feel your pain of disappointment. But you may well come out stronger for having endured the unpleasant process while becoming more profitable via NGL.

You know I wish you the very best of good fortune!

[pete807]

When I saw NGL drop early I assume terrible numbers. Wrong. By end of day I added 4000 units

Years ago I was on board with NS because they bought a division of Valero I owned and made it into an MLP or some version of that. I held it several years... It performed terrible. It didn't drop a lot but did not appreciate when all around it did. It was forever a flat poor performer. I saw the light and got out and never looked back.

I held EEP for a long time too and folks still recommend it, but they cut the D, crashed the stock and are still touted as one to buy by some SA authors. I am out. I have known for a long time they need to replace pipelines under the northern border water by Mackinac island, at huge cost and two governments regulatory groups... good luck with that! Plus their leader spoke about the MLP structure being an old idea needing to be changed indicating a desire to evolve out of the MLP space... And I have already been Kindered, so... bye!

EPD is the core well run MLP I have held so long it's close to free as far as CB. Gotta win once in a while!

NGL will rise because they had great numbers, imo. I posted the Reuters info cuz I was surprised.
What was so "not to like"..... anybody?