Replies to post #3927 on NGL Energy Partners LP (NGL)

[Watch30]

The market had recovered most of yesterday’s loss when ngl was 11.30. Crazy happenings here. Shorts ?? Help me understand this pick of ours

[jugs]

Worse for me---I lost $45,000yesterday. But I'm not in this for the short term so it means nothing in the long run.

With that, I just now picked up 200 NGL at $10.51 or, effectively, $10.12 after backing out the distribution.

There's just one way to fight back in this nutzy moment and it's by adding, knowing full well the distribution offset will soon make it all worth it. And if there should be fine news coming out of the pending CC? Watch out above!

I try to focus on real things---and the only real thing in all this nonsense is the money I'll have in hand on Nov. 15th. I will not be holding losses because losses are never help except in one's mind.

Interestingly NGL is the only stock I hold showing red. I will not be crying "yield! any time soon. In fact, I sold some Delek (DK) to enable my NGL, purchase and then sold another bunch so that I can be ready to grab more NGL.

So now I'm glaring at the price action.

And I just got another 100 NGL at $10.51.