Our open commodity derivatives positions as of June 30, 2013:
Commodity Swaps: Barrels Fixed Price(1)
Third Quarter 2013 5,775,000 $ 25.92
Fourth Quarter 2013 4,875,000 26.98
So go ahead and short CVI and when the 3rd Q results are much more favorable than the daily spread watchers think you will know why. I am buying.
Sentiment: Strong Buy
I already did. That plant being shut down for 6 weeks is going to hurt the bottom line in a big way. I will let you refute me with complete nonsense, and I will look for you when quarterlies are released. Don't be shy on that day.