Recent

% | $
Quotes you view appear here for quick access.

Western Refining, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • h_grant_h h_grant_h Feb 24, 2011 11:22 AM Flag

    Target for 2011 - $15-16 range

    Duh!

    Looks like my short setup started over 16.60 is paying off.

    I've played this game for too long. And history always repeated in the refining sector - when the oil price went through the roof, the consequence was ugly - demand were killed rapidly, and refiners crashed in the end.

    So, if the oil really goes into $120, WNR, TSO and other refiners with highest debt burdens will be in serious troubles. There won't be anyone to bail them out this time around.

 
WNR
29.58-1.07(-3.49%)Feb 5 4:00 PMEST