Averaged down this a.m. Goldman and others believe the spread will widen 3/4 q. Even without that, the logistics of this company works betters than some refiners. Seasonal low till Oct-Nov, you can wait but usually the market anticpates and this stock can pop. Also, this is a long tern holding so that may impact my thesis.
I'm a little concerned about technicals, but your right, this is a long term play. Today's drop may be institutional selling, really no other indication of any bad development from the company. Purchased some today. GLTA. CB