Tuesday, August 29, 2017 10:35:01 AM
That tells me conditions are worsening. And something not mentioned yet is that our highly trained individuals responsible for refinery operations and maintenance needs are also living in churches and convention centers and shacks. This ugly beast is not about to disappear any time soon. My friends in Houston cannot drive anywhere! There's no airport service anywhere! No taxis, no means to travel to a grocery store, even if the store were operational.
I've got a large gain sitting on the table. I'm considering selling some units to reel in part of the profit picture. I'd expect to reconstitute my positions a month or two later.
I'm sitting on 25,515 units of ALDW at present. There are two conditions I've set up for my potential sale of part of my holdings:
1. I'll notify this board BEFORE selling a single unit.
2. Being as I see a case for units to continue their climb higher, I'm waiting and watching for intensifying developments in the refining area before I sell. Otherwise I might be relinquishing rights to gains already earned.
I hope you'll think about this and weigh possible outcomes.
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