Replies to post #1751 on Alon USA Partners, LP (ALDW)

[TNMopar]

A couple of weeks ago I put in a GTC order to sell all of the ALDW long units in my brokerage account...14K units at $14.50. I have been away all day and was very surprised to see that the order executed. Can a person be glad and sad at the same time?

I still have 24K units to liquidate (most are long in other accounts) but will hold them for a while longer.

Glad to see the nice move today.

[Alpine600]

Glad to see you putting money into EPD and ETP - they are the two largest holdings in EMO (closed end fund I own which has suffered). They are due for a turnaround, if it happens I’ll label it the “Jugs effect”.

I continue to hold ALDW, which is in lock step with DK now and exhibiting zero fear of deal unwind given the tight spread on announced terms. Given the deal could close in a short period of time, Arbs in my view would jump in if there is a spread widening so I don’t fear a sell off. I will be looking for an exit point (in my mind $15-16) though I love the way DK is trading. 1.9m shares traded Friday (2x normal) and that can’t be all you guys :)

Glad to be back in the U.S. and looking at some of the other recommendations.