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Western Refining, Inc. Message Board

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  • h_grant_h h_grant_h Jan 7, 2011 3:00 PM Flag

    Target for 2011 - $15-16 range

    You have to love/despise those shorts/clueless who would grab a straw anytime when there is a sniff of negativity.

    I had the target set for 2011, and it will reach that target first.

    It is now definitely breaking out, after another one of those fake to trap more shorts.

    And I actually could see a bid from VLO making good business sense. Basically, VLO would be getting both the old WNR, which was the most profitable refiner, and the old GI.

    The reason the deal makes good sense is the geographic market shares that WNR is now occupying, which is where the shorts failed to grasp at the bottom; and they're still missing that critically important aspect.

    Shorts will lose hugely.


20.63+0.08(+0.39%)Jun 30 4:02 PMEDT