Friday, December 30, 2016 4:50:49 PM
With every fine meal comes the expected burp. It's part of the price. Once we get past it, we become confident acid indigestion will not be in pounce position.
By the way, I came close to adding 500 u's at $9.80. Glad I didn't but if I'd had a smaller position, I probably would have acted.
Looking ahead.....
Trump will issue something indicating changes afoot affecting RINs. This will add something in the area of 10%, I'd think. Once the media gets wind of it and starts to pinpoint logical recipients---including our favorite, ALDW, I say this because the media is always mining fresh ground in an effort to cause upheavals. It is the nature of popularly made "news built of a writer's imagination" and as a long-time writer until retirement, I know this is how it works. So minor refiners will be highly touted with writers poised to say, "See? I told you so!"
And it is this group of public promoters who will stand in the limelight bowing and reaching for accolades they, themselves, made.
That's ok, let them take credit. We'll take the profits!
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