Replies to post #4107 on NGL Energy Partners LP (NGL)

[jugs]

I think we're down because we're an effective whipping boy.

When oil is down, our logistics side is a direct beneficiary for we buy oil on the cheap and store it for a rainy day when prices are higher.


So the price of oil shouldn't be directly responsible for moving NGL's price range.

However, you are right in making the connection because the media invariably hypes this topic just about daily.

Reality check:

Oil price is down and the logistics side should have us rising.

I smell manipulation but I'm not going to sell a single unit until the price is appreciably higher.

As I said earlier, tomorrow and Friday may drive us even harder.

I upped my exercise activity this morning by 50%. I think it will help me accept these inordinate pressures from market manipulators.

It may be a good time for a reality check and I'll encourage others to consider reopening outlets for pressure release purposes also.

[tdeck]

That may be why the 5 minutes of sunshine came in, I have never gotten that whole thing something happens for a day or a week and its supposed to effect an entire year.

Same reason I guess when an internet search engine GOOG was down on it's advertising clicks the entire market decided the economy was going to hell and sold off.

Sorry for the rant, but, that kind of thing in the market has always slightly burned my butt.

Peace out