Delek US Holdings, Inc. (DK): It is being shorted by manipulators, imo...

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pete807

Re: Alpine600 post# 228

Tuesday, 07/10/2018 10:59:03 PM

Tuesday, July 10, 2018 10:59:03 PM

It is being shorted by manipulators, imo.

Yes DK is doing very well since they bought ALJ and ALDW and cash is flowing big time...

They should think about raising the dividend big by percentage which would still make it small by energy standards, and get them drawing money from fixed rate bond investments!

They better announce something good and accretive soon or they are headed lower. After a good day like Monday, the shorts drive it down hard to try to scare longs.

I am not big fan of management, as a shafted holder of ALDW, but it seems like they neglect opportunities to reaffirm their intentions to their investors.

The upcoming earnings call will reveal tons to me, and I will ride the wave into the sunset here.

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-