Delek US Holdings, Inc. (DK): If we watch the daily trading volume as...

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pete807

Re: srains post# 54

Tuesday, 11/28/2017 10:45:47 AM

Tuesday, November 28, 2017 10:45:47 AM

If we watch the daily trading volume as the assets come in from ALJ and soon ALDW it will eventually double from here, imo. We are already seeing it rise to 40-50K+ daily.

One day in the last 30... Nov 17th the volume was 160K, but it was serious sell/short day as DKL lost .95 that day. The slower average rise will mean new money coming in, and will lift the price, imo.

At the moment a limited number of people know what just happened and where the Alon assets and cash flow went. Even Market Realist mentioned nothing about the merger when they said ALDW was the top MLP week Nov 11-17. Some services sell themselves a bit long, lol.
GLTA!

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