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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (26482)11/13/2025 4:43:36 PM
From: Kirk ©1 Recommendation

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  Read Replies (1) | Respond to of 26763
 
Thanks for the suggestion but nothing is safer than short term Treasuries. Next to that is money market funds. Interest paid above that reflects risk.
They pay about 11.4% of $25, both trade at about $24.

Safest 11.4% you'll find out there.


You may be right that it is the safest 11.4% interest you can get (assuming it isn't returning capital) but that is like you are the best ass kicker in a one-legged ass kicking contest.

The company is losing money, so I'd not touch it with your 10-ft pole, but good luck!

NGL Energy Partners LP (NGL) Income Statement - Yahoo Finance

negative tangible BV... I might need Bob's 10-foot pole extension

NGL Energy Partners LP (NGL) Balance Sheet - Yahoo Finance