Delek US Holdings, Inc. (DK)

[jugs]

DK---why is it going higher?

Look at the daily volumetrics and you'll find it surges, drops back minimally, stabilizes and then most higher with a strong response every time. This pick is going to hit my projected $37-$39 range, I figure. And it may go well ahead of my slightly conservative view.

I'm a momentum player all the way, all the time. Distributions are fine for me just as is the case for others but I know that sustainable distributions will ALWAYS increase valuation and appreciation is where I make my money. Finding fat quarterly gains is easy, and that's why there's far more to be made through appreciation than payouts.

DK is rising because it has to rise. The quarterly report tells it all but it's the fact that the stock has been compressed without thought as to proper valuation that is forcing this stock to self-correct.