Thank you. NTI stock offering does not yield any money to the company. Therefore, I believe the stock is being sold by the CEO who is retiring right now [new CEO will be the other founder]. If correct, then the stock is not increasing the amount outstanding, just who owns it [the numbers I could find support this]. The dip in the price today is therefore not justified, and will disappear soon. Paid about a buck and a half last quarter on a $25 stock. Limited Partnership.
In this business, the name of the game is the crack spread: the difference between Bakkan crude and Brent crude .... right now, it's huge. If Brent stays up - and I think it will with the world's economies improving and trouble in the Middle East - then the divy continues. There is a scheduled maintenance for the refinery in April for a week or so, so that will take a little out of the divy, but I wouldn't sell because of that. Next earnings will be interesting. I'm long 35,000 shares.