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jugs

06/20/19 10:43 AM

#6817 RE: Alwaystrying #6815

It's bullish, you're spot on. However, it's not enough to nudge NGL's market audience as we've seen over previous years. I suspect this board expected as much. It's comforting knowing management trusts in the company's prospects but we expect as much for we assume management must always wear a happy smile. Underlying is the obvious--to you and us---Mike and Trey wouldn't add unless they saw at least some element of surprising value about to surface.

We are a fairly sophisticated bunch here and long accustomed to seemingly unwarranted swings when it comes to NGL. I'm inclined to add on the cheap whether or not more income is needed. This is the case inasmuch as I thoroughly enjoy taking gains derived of capital appreciation. Thus it is that I recently sold several thousands of NGL, redeploying the gains elsewhere along with reducing margin previously utilized. So now I'm rebuilding my stash of trading units as cheaply as I can to maximize opportunities about a month and a half away...being as we are now about halfway through the quarter to pay off next. I am expecting good news will soon be coming from the NGL office.

Looking forward, as always.

Best of good fortune to all!

Watch30

06/20/19 10:55 AM

#6818 RE: Alwaystrying #6815

Check post #6781

Value N Income

06/20/19 11:54 AM

#6819 RE: Alwaystrying #6815

Nice to hear from you Alwaystrying. I would think someone would have posted that. I am sure everyone hear knows about Krimbill's latest purchase. Something is obviously going on with NGL because with all the positive stuff going on in the market, NGL should be closer to $16 than $14.

I think options expire tomorrow so big money probably wants NGL under $15 by tomorrow's close. I see NGL returning the climb next week.

I would like to know the financing plans for Mesquite. That will be a catalyst that moves NGL when they announce it.

$14 seems like a pretty good entry point.