Alon USA Partners, LP (ALDW)

[jugs]

I've placed an order for 500 units of ALDW @ $8 but it'd be the longest of long shots for it to execute so I don't count on it.

However, when I did the math between this morning's price of $8.39 and my proposed but unlikely $8.00, I decided I was being fuelish (this is about hydrocarbons, ain't it?). What's a couple of hundred $ against my projected $11.50-$13 by late Summer of 2017? So I added another order for 5600 units at $8.39. When it didn't go through immediately, I changed it to $8.41---got the fill but still not immediately as I'd expected. That told me people are beginning to turn the corner on ALDW and pony up for a few cents more. It could be the start of a mini-run but I think we'll see acceleration as we near the November payout moment.

So, I now hold:

16,000 units
Cost basis: $9.23.

This drops down by 15 cents soon, leaving me with a revised CB of $9.08.

Do I need to tell anybody how much I would dearly love to bring my CB down to a hair beneath $9? Trouble is, it costs money and I've blasted through my earlier budget and am not willing to stretch further.

Still, I'm very pleased to be positioned as I currently am. As for repositioning? I think I'm done adding to ALDW UNLESS it drops suddenly and dramatically and without obvious reason to justify such action. I don't like having so much money in a single stock but I'm so completely convinced this is making plenty of sense, I'm willing to trust myself. It's not an easy call, I hope everybody realizes I struggle with my choices, too. I'm hardly superhuman.