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Valero Energy Corporation Message Board

  • idpatton01 idpatton01 Oct 19, 2013 11:33 AM Flag

    Sounds Extreme but True

    VLO could hit $72 I said this before I became negative on the stock obvious before I shorted it from $46 to $33. I said in that post a while ago (months). If there is a backlog of WTI the price will plummet and if VLO does not retrace share price to the low $20 the next leg up for VLO would be $70 or at least the high $60. Another condition must occur. Housing plays a role in VLO. We need a housing boom. The government wants a housing boom. Housing raises GDP immensely. The Government must raise GDP to $20 trillion. It can only occur thru housing construction. They do not care if you keep the home they just want it built. The price of these new homes will be around $200 to $250 k. Great starter homes for first time buyers to startt a family. The government must raise GDP to satisfy their debt requirements. If they don't then we go under the waves and VLO will not hit this price. If the economy slows as it has WTI will plummet which is positive for VLO to hit $50. One final not if there is no housing Gold will also go theu the roof. Keep your eye on housing and poor earnings. 53 percent of the people in this country are now working. 47 percent are not. It's funny but I have to say Mitt was dead on. That 47 percent needs to start doing something and start pulling their own weight

59.01+1.61(+2.80%)Sep 2 4:04 PMEDT