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VNR Secondary -- Chance To Buy Or Add

|Includes:Vanguard Natural Resources, LLC (VNR)

VNR is doing a secondary right now for 6,000,000 units at 27.51 per unit. I think this is a great opportunity to start or add to a VNR position, and I increased my position by 25% an hour ago. Secondaries happen in the MLP world ("Secondaries Happen" is MLP speak for "stuff happens").

Disclosure: I am long VNR.

Stocks: VNR