Leaving $82K for an uncertain job in the oil patch? I'll be the guy is a nomad by nature, probably eats sand on his ice cream.
Yeah, I'm happy with the YTD results thus far, added to it today and expect that NGL and ALDW will bring me up a few % points over the next week or so. ALDW reports on Wednesday so tomorrow should be sweet. By the way, today, for the first time this year---I reached flat-line in ALDW. My cost basis is the same as today's closing price but there's a fraction of a penny difference that has me underwater $114. Tomorrow, tomorrow, as the song goes.
You're right about ALDW---in due time, that is. People tend to think ion terms of immediate gratification but the beauty I see in ALDW isn't the distributions-=--but the longer term appreciation. And we're talking just a half year, not five years down the road.
By the way, we know Delek has made an offer to pick up the remainder of ALJ not already controlled. There was no built in premium as I recall. If Alon yields, how safe do you think our ALDW units are? Do you see any likelihood of a repeat of the NTI fiasco?
If I smelled anything of the sort, I'd be plowing a lot of cash into NGL and a few other things without hesitation.
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