Right you are! And there's no end in sight.
Political strife is always going to be lurking but we don't have to feed into it. I certainly don't for I know it leads to nowhere good. Still, issues such as are apparent today will plague us. So we have to ask ourselves things like:
1. OK, so there's an issue with No. Korea. How will this affect ALDW going forward?
2. If we have a military confrontation with No. Korea, assuming it's a controlled conflict and not something threatening our very existence as a country--- is this a concern for a small American refiner or should we be viewing this as a "new normal" and not more?
3. Does No. Korea control or have any voice whatsoever in our feedstock sources? Or is ALDW positioned to make out OK without foreign support, in this instance---from No. Korea? lol
__________________________
And on another note:
We've seen our unit price drop and not without questioning the value of the distribution within. If the unit purchaser is a divvy hunter, then I'd agree---it hurts to watch the valuation give way.
But a confirmed long such as myself? No way! I'm positive this thing will begin to pay off starting verrrrry soon as we go through the warmer months of the year. And when we come out of this period, we'll have laid the foundation for still stronger times ahead.
Delek has replaced some higher ups in the ALDW management team with their own people. I figure this is to streamline things so that they can initiate some dropdown activity. what they toss into the mix has yet to be revealed but I'm smelling juicy opportunity here.
And now you know what pushed me to add 500 units a couple of days ago.
Happy hunting!
