geez - AH, TTredles, john Vincent, and others (forgot all the regulars) are just about gone from here. And I used sing it's praises to other boards on how nice and focused the VLO members were in helping others make money from the #$%$ professionals. Now they are just about all gone (for the most part) with a sporadic showing once in a while. ugh
I am still here. Like Dan, still long Valero. Waiting (hoping) for margins to get better. Still think Valero is undervalued. Think diesel will continue to be very strong and analyst are predicting larger heavy sour discounts second half of 2014 so this should propel earnings.
Also, historically the best months to own Valero: December-April. So hold on!
I have been laying low ever since I thought, wrongly, that there would be good buys when the missiles started flying in Syria. Still laying low, but now due to the D.C. situation. If market tanks 100s of points in a single day, I'll be in buying.....waiting
pole, chevy, p47, tt, dan, (in absentia - alley, mid, ah, others) - good to see some posts here today. Like I said below, I am only buying on big drops to get the low hanging acorns. this financial foolishness will stop , probably later than sooner, but I would keep a big bag of dry powder for the impending debt ceiling crush. Many big names are saying it is idiocy, but that hasn't stopped the shutdown either. when the USA runs the default deadline, there will be bargains galore. keep watching and gl.
Chevy I communicate by email with some of the older vapers. I don't like the new BB and I really loathe those who sew nothing but negative chaos. I am not posting as I have no tolerance of the child play. I expect sooner or later they will burn themselves out. I am still long VLO w/gray beard bag and continue to harvest acorns along the way. Good luck to all the Vapers. Pole
stay with it chevy. hangar's still open, except the coffee is a little stale. for some reason, there are a lot of foolish postings having nothing to do with VLO, CST, or other stocks and strategy. just nonsensical rantings from non-traders. a prudent use of the ignore button gets rid of the idiots. the VAPers will be back soon. I think most have taken a break to re-energize. 4th qtr will give reason for their return. with this ridiculous shutdown in place, we don't want to get caught buying when the share prices may surely fall if no resolution by "debt ceiling" time. I'm looking at 4% drops before buying these days. picked up a small load of mother yesterday, as did b4. keep watching CST and VLO for the drop. gl