WTI vs Brent over $13 today! Future looking Bright for ALDW.
Wow! The WTI vs Brent spread is over $13 today. Q3 dividend will be decent at about .20 - .30 cents per unit according to credible analysts. Based on the widening of the WTI vs Brent, Q4 should look even better. Now is the time to buy while the shares are still down and just coming out of the trough. The money is made on the buy and if profits are expected to increase ALDW should continue to rise yielding a great return.
If you think ALDW is so bad, why do continue to invest in it? You've posted the same thing about the distributions so many times. We get it already. No distribution in Q4 and Q1. However, if you are shorting this stock, as I suspect you are, I would be very nervous if I were you. With spreads approaching 13 dollars, I don't think those numbers you keep quoting will hold any water.
I saw this estimate on TD Ameritrade. It was a consensus estimate for ALDW for Q3 at .20 cents per unit. I have read a few articles from freelance writers recently who think that this is a median distribution target.