Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (74932)	1/25/2024 7:31:18 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78496

NGL-B. I keep considering the preferred. Meanwhile it keeps moving up. To clear up the preferred, they've got to pay out three years of $2.25 deferred distributions. Plus maybe 2024 1Q's worth so far. Calling the preferred at $25 would drop the units from today's about $30 = $5 share, $6.75 - $5.00 = $1.75 gain on $30. Time passes, more deferred income accumulates. Otoh, unit price likely to rise as well. All this within an mlp structure. NGL might be ok. I believe I missed my chance with the B's though.