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jugs

08/15/13 4:52 PM

#664 RE: pete807 #661

I agree with everything you've said.

The 11.5 million unit sale is priced at $22.85. I don't believe we'll be drifting lower than that any time soon. And---it may prove to be an effective bottom upon going ex-dividend. Today units were all over the place with the indices dropping indecently. I think our close is tied in with the current offering priced at $22.85. I got a couple of hundred at $22.34, looking at these new ones as costing $21.66 with distribution to be added. Sadly, that is well below my overall cost basis. NTI happens to be my largest position by far and I've got an enormous paper-deficit. I'm more than modestly hopeful!

Market manipulation is obvious when I see units trading way up, way down and reconciling right to the penny upon closing. I guess I'm part of the problem if volatility is, indeed, a problem---after all, I'm contributing to market gyrations by buying. And I'll be part of the other side of the equation when I begin to thin my positions.

Good discussion although there is still some confusion as I read other posts on the subject.

Jugs