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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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To: FIFO_kid2 who wrote (37)1/18/2024 7:00:03 AM
From: Elroy   of 109
 
NGL had news yesterday afternoon, so maybe you don't get put at $5.00

NGL Energy Partners LP Announces $700 Million Senior Secured Term Loan Facility and Provides Financial Update

finance.yahoo.com

I can't tell if the news is price moving, it actually seems about exactly in line with their forward guidance from last quarter.

If the offering prices before Friday, the rate may affect the unit price, in either direction.

I doubt $5,000 will trigger $1,000 in UBTI, so you're probably safe.

I think NGL options can trade in pennies.
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