Luna....you are fine......vlo will make up its lost momentum .....and remember nothing is free.....you now own a retail company and a refining company.....probably better then a refiner/retailer combined. CST will get some retail analyst to recommend it ....and the refinery analyst will now properly price VLO in the next few weeks.....
You have been on this horse a long time....stick with it...
Luna you are up since Vlo is up from the open. Your making at least a buck right now. CST is traded down but should pop a few bucks inthe weeks to come. Patience will reward you in this case. ......gd luck Pole
Can you please share what total will be for 100 Shares VLO(3700) + Price of total CST shares you got per 100 VLO?
I got out in march due to my calls, but thinking of getting back-in. Trying to see how far down we really are from 44-45 range where I had to get out.
My calculation (if you can trust my numbers) is that you would be down 10.3 cents per share if you exited at $44 and did not participate in the spinoff and today's market action.
$44 (your sale price) - $40.32 (Apr 30 close) = $3.68 (1)
$36.98 (today's VLO close) - $35.77 (May1 price post-spinoff) = $1.21 (2)
$30.28 (today's CST close) - $4.55 (per share cost basis for spinoff) = $25.73
$25.73 / 10 VLO shares = $2.573 CST price appreciation per pre-spinoff VLO share (3)
$3.68 (1) - $1.21 (2) - $2,573 (3) = -$.103