Ragoo said:
Not sold on NGL. Maybe for a trade. Just don't believe in liquid logistics only right now. I don't believe they operate only move.
In that regard they are not comparable to ET or other midstreamers.
Everyone should for sure take their own assessment, decision and risk of anything posted here. I've primarily only looked at charts and the price action, volume and history. For me what is the trend and risk/reward as a trade on this one and do I think I can manage a profit based on the technical aspects. If the trade falls apart, loses support or fails and I stop out I'm good with it.
Many energy stocks got pretty beat up in 2020. Goal here for me is net free shares and if I can go net free plus even better. Then they can ride where they want to. Hopefully over time back to pre COVID levels.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11