Alon USA Partners, LP (ALDW)

[jugs]

It's time to be careful, partners! Prior to the market opening I placed an order for a couple of hundred units of ALDW at $8.19. Upon finding units selling for far more than that, I nearly yanked my order but then decided to keep things in place. After all, I brung me to this dance so why would I abandon ship now? Especially given the unusually wide path of volatility? So I'm sticking.

And now I'm seeing the day's marvelous gap upwards contracting mightily. The unit price right now with 35 minutes left to the trading day is $8.80. And no, there's no way I could believe we'll print 61 cents lower---today. But it could take a few days for investors to accept the swings we've been experiencing and until then? Ridiculously low prices can and possibly will take root. I figure it's a good idea to place a low ball bid for some units.

These are such interesting trading days!