Replies to post #328 on Northern Tier Energy LP (NTI)

[johnsyn]

NTI really doesn't have much of a following (here) either. Most of the trusts really don't do much for investor relations, you just get their legal explanation booklets, and they figure that's good enough, anything else can be easily become non-public disclosed info. Only a handful of us are true MLP and oil Trust lovers. Congrats on your positions.

[pete807]

Both of them are not doing as I had hoped short term, but in hindsight today I should have bought the GP over there after the MLP partnership funded their fat special dividend! Best MLP'S don't have a GP to carve out the cash willy nilly, and don't give the management stupid salaries, lol. I have 5 times the position here as I have in Mr. Icahn's refineries. His price to book is better but I like the vertical integration of NTI. Retail, bakery for retail, trucking and pipeline from Clearbrook hub which serves both Bakken and Canada, plus distillates and asphalt. Half their refined product goes to their own stations, many high traffic strong locations. Refining MLP's are solid buys in the new age of shale, IMO. Buy and hold them while we rise to the top of the oil supply heap in the coming years. They should appreciate nicely while they continue to pay a hard to beat sheltered distribution.