I wonder if this turkey can break through 27.40. Almost bought more WNR today, but held back. Wish I didn't, but I'll take a gain in this turkey anyday...now who wants to buy my calls eh?
DK purchases an extra $5 million refinery and the stock goes up $200 million in market in 2 days. Ridiculous or what?
Sure sounds like a ridiculous run-up on a small $5M deal.
Sentiment: Strong Sell
DK getting boughtout or what ? Other domestic refiners red today..
Well, since 10% of the float was short and the volume is 3x what it normally is, it looks like a classic short squeeze. Will be interesting to see if it can hold on its gains on Monday. I'd sell calls but cant find any buyers.
Don't think it is going to get bought out since parent sold almost 14 percent of stock of company in the open market last quarter. Wouldn't make sense.
Looks like this kind of trading is not that unusual for this stock. It's up over 300% in the past 24 months. A great ride for the buy and hold set.