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Re: None

Friday, 11/18/2016 10:33:28 AM

Friday, November 18, 2016 10:33:28 AM

Post# of 1925
Well, yesterday I said I'd be in the hunt for more units of ALDW should the price drop to something below my cost basis. This morning presented the opportunity for following through and I added 250 units at $8.87 and 250 at $8.84. My earlier cost basis had been $8.90 so these buys didn't drop it. However, should the opportunity surface, I will pursue a lower cost basis.

So now I have my 22,000 units of ALDW, cost basis temporarily $8.90 but due to drop back to $8.75 early next week when the 15 cent distribution arrives.

I hope everybody here sees that today's drop has nothing to do with the company. This is market manipulation by machines and,make no mistake---it takes human intelligence to run those computerized buys and sells---and even set-ups designed to frighten us sitting on the retail side of the market for ALDW.

This is how I was able to add to my position for I'm certain it's a safe bet I've made. I expected short term traders would sell off today to take their gains off the table instead of remaining at risk and thusly exposed. More the investor, myself, I was primed to jump into the ring and do a couple of my own swings. I'm pretty sure it will pan out to having become a good move. And rest assured that should ALDW drop back into the $8.60 range, I'll be a buyer.

So now I refocus on NGL despite a margin utilization of $11,300.

I'll unwind that soon but if NGL should drop to around $17?

You know it!!!