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Re: jugs post# 1358

Thursday, 06/22/2017 4:36:28 PM

Thursday, June 22, 2017 4:36:28 PM

Post# of 1925
If you're of a mind to add to your ALDW positions, let me suggest you wait until there's greater clarity with respect to a bottom. I've got buy orders in place beginning at$9.75 as I'm expecting we'll soon see units dropping beneath $10. After that comes $9.50 and while I don't want to think about prices still lower than those, I have to remain alert and ready to take advantage of momentary weaknesses in price stability.

It will happen! There should be no doubt in your mind about it---we are in between quarterly guidance details so for many that spells "Let's squeeze the blood out of it!"

And trust me---they will. When I see blood in the streets of Alon, I will go on a hunt but I'll be supporting the long side.

Stay tuned and let us know of your concerns, doubts, hopes and whatever will soother the savage beast within. lol