Delek US Holdings, Inc. (DK)

[pete807]

Insider sells in news...

The chart has been going up and may pause with market watch on insider moves...

At the current price we ALDW longs that held the conversion @ .49 and owned ALDW under $8 are going to realize very good gains wherever we take profits, ... if near here.

I have been thinking of leaving DK when the rose is fully in bloom, and I won't miss the yield they offer, lol, as it's a cap ap play only. Since November it's done well because they had no problem taking all ALDW distributable cash flow which was supposed to go (at least 90%) to the unit holders as of Oct 1.
... at least till they announced the swallow half way through the quarter.

The sour taste of that has now fermented enough to be wine! But even wine loses good taste when exposed to air!

While there could/should be more upside to DK, There is also a potential pull back of the broader market.

GLTA!