Replies to post #2670 on NGL Energy Partners LP (NGL)

[srains]

any buy in the mid to low 12's is good. I only have a few dollars left so I get to take shots at a lower price.

months from now, you will not care if you paid 12.10 or 12.50.

[jugs]

No. not a chump at all. Just think in terms of averaging things as you proceed along this path of accumulation. This is how it is that my current cost basis is just $10.57. Nobody builds the top rung of a ladder when first attaching step #1 to the side rails.

You are doing exactly as some others of us on this board have done and continue doing. Nobody is counting who does better by having paid more or less. It's simply how shrewd each of us is when adding to positions.

I say "Bravo!" for having had the courage to be and to do as you are doing. Even if things don't materialize as we all hope, you will at least know you've done your very best without allowing for flinching time that invites regrets.

Better to have lived and lost than to not have lived at all!

I've rewritten the above line but I think it should work for others here.

You're doing great and I'm betting you know it!