Made a big bet in refining stocks some years ago before they bottomed and kept my positions in ALJ and VLO but sold off TSO. Ooh, that still stings, but I'm thrilled for all of you that Tesoro has done so well. At least I learned a valuable lesson. Continued good luck to all of you longs.
What lesson would that be? One can never tell what the future holds, or ignore the market when it misprices a company? Truth is, I don't expect TSO would be where it is today if the previous management regime still was in charge.