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Re: jugs post# 1050

Thursday, 01/19/2017 12:14:24 AM

Thursday, January 19, 2017 12:14:24 AM

Post# of 1925
Based on the chart it appears ALDW is just about to rise above the level from which we had the big fall on 9/16/16 (5.7M volume). At the same time I also held a position in ALJ (which I still have today). The ALJ position has risen almost 40% in value since 9/16/16...in step with many other refinery stocks discussed here. I really never saw a clear reason for the 9/16/16 selloff of ALDW and thought I'd inquire here about it.

I personally see ALDW as a much more robust investment than ALJ...if for nothing else because it has a positive P/E ratio (albeit a high P/E ratio). I am optimistic and glad to see we are climbing out of this hole. GLTA!