Tuesday, November 21, 2017 3:45:01 PM
We bought DK a week or so ago, picked up 2100 shares and now have a 6.5K gain, more if we count the divvy taken this morning.
I'm thinking that DK is going to continue its climb thanks to very positive upgrades plus newly accretive assets due largely to swallowing ALON Energy and soon, ALDW.
For a momentum guy, there's plenty of momentum here in DKL, DK, even ALDW which will soon be put to sleep permanently. The main take-away for me is that longer term holds are great when we feel we can afford to trust the affected companies. I find that opportunity in NGL and am on a major prowl initiative. ALDW will die soon but for the moment it's wedded to DK which has a new lease on life apart from ALON.
I have no intention of holding DK for long but I sure like the gains in such a short time!
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