Delek US Holdings, Inc. (DK)

[pete807]

Well serious shorting or selling was the market response to Goldman this morning. I am holding for a better price and not worried about today's drop.

I believe the pause should be a buying opportunity... just not for me as I have other investments that involve high yield along with all the risk any of these companies bring with them. I do not think DK is especially risky and I expect them to acquire more assets like the ALDW MLP they swallowed, which is providing huge cash flow in a very busy shale region, that should make its way to the bottom line. I got over the fact they skirted the final payment to us unit holders, and the market seemed at the time to like it. Not enough has changed involving RINS, IMO to warrant the drop here. GLTA!