Alon USA Partners, LP (ALDW)

[jugs]

While I'd like to buy into the projections, I can't. They're based in part on anticipated payout levels. Some will expect a constant stream of distributions. I don't. To me, distributions are very nice but not much more than icing on the cake. For this reason I've been expecting a near term target of $11-$11.50. My goal is that of reaching something in excess of $11/unit by late Spring of 2017. My enthusiasm has nothing to do with the anticipation of distributions, only capital appreciation.

I'm convinced units will rise between now and the close of this trading year. There'll probably be a slowing of things as we plow through the cold of Winter but I believe the investment community will realize that ALDW has huge opportunity close at hand. And now is most definitely the perfect time to be building a strong base of ALDW units in a portfolio. I doubt we'll be able to purchase units in the $8 range as we move into November.