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jugs

02/21/19 12:32 PM

#149 RE: leftovers #148

To be perfectly transparent---something extremely important to me---I just liquidated my two UNIT positions, using the cash to add to NGL.

In one pick I see far too many question marks for my comfort whereas the other is very strong and entirely sustainable.

I need to do what I can to ensure beneficial sleep without fear and undue concern keeping me up.


Where there's smoke, there's likely going to be fire. If UNIT cuts its distribution in half, sure---the yield will be self-adjusting and look nice. But in the process, holders will sustain a terrible capital loss. It could take years to right itself through the accumulation of distributions and I decided to cut my losses to sustain myself as an investor in my personal estate and future sleep habits. I find much to be happy about in life but worry and needless risk don't fit the picture for me.


Good luck to you!
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Scotttrader80

02/22/19 2:58 PM

#154 RE: leftovers #148

Thats what Im watching for, March divy cut, I hope it doesnt happen cause UNIT's gotten beaten down pretty good already