Delek US Holdings, Inc. (DK)

[jugs]

Looks like each of us has unloaded about half of our original ALDW positions in lieu of securing footholds in DK.

This is in no way meant to frighten or scold anybody, for sure. But as I've reduced my ALDW holdings and moved most of the cash and gains into DK, EPD and unwinding the $88,000 margin debt in its entirety---I'm becoming increasingly aware of the fact that my remaining ALDW units will most likely convert to DK following the big swallow. That would have me holding a lot of portfolio value in DK, perhaps more than I may want at some time in the relatively near future.

Thus it is that I've decided to not continue adding to DK unless a fire sale should occur in which case I'd justifiably be adding, even on margin if need be. As things stand right now, my ALDW will convert to an additional 5,300 shares of DK. That, plus my existing 2,100 shares, comes to 7,400 shares of DK. That's moving towards the top end of my comfort zone when it comes to allocating cash. NGL remains my #1 pick and I don't want to find myself carried away by excitement, losing sight of my commitment to NGL which I believe is going to become my greatest success partner of all time...with the exception of my wife. lol

More to follow on the other boards related to stocks mentioned within this post.

See you all later!