Valero Energy Corporation Message Board

  • idpatton01 idpatton01 May 10, 2013 11:08 PM Flag

    Right from the PIT

    Monday....if the VLO pops to $38 pull the trigger no hesitation. You are going to get an opportunity to buy again at $37.80.....the same day.....if fhe stock drops don't sell and will finish above $38 The drop will be minimal....before it moves higher....to tight of a range to think about....or trade in....More to come Monday morning. I will confirm the trade Monday

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    • ah673000@aol.com ah673000 May 11, 2013 10:22 AM Flag

      Agree.... In fact that will be a pretty typical move for VLO ..... We call it playing the 10:30 swoon .....

      I am more interested in everyone's interpretation of the Hfc action .... I think the MMs may have this one wrong and they will have a very good Q2 ..... Right now they have clipped 20% since the CC. I called and played the clip .... But bought at $50 .... I am buying another load as soon as it bottoms .... My read is it must not break 45.... If it does , she may be left for dead.

      AH

 
VLO
51.42+0.42(+0.82%)1:01 PMEDT