One of the hazards of expansion and growth is dilution. Calumet has used past share proceeds to establish a better balance sheet with profound growth opportunity.......it will happen again, and we will be back over a new high within a few short weeks. I am already curious to what they will buy or do with any new partner. Hess is having trouble right now with unfriendly takeover concerns, a sell of some assets may be in the cards for Hess. Other than that, I don't have a clue to what's on the radar screen for CLMT. It's a buy at these new levels, and will re-bound with an announcement pending, buying back debt is a good sign.
Jaime, I am shocked to believe You wrote this, You have always been 100 percent positive and led others to be also. CLMT & Management are some of the best in the business right know & You know it, lets hope they continue to be & see what they have in store with this new offering. GLTYou & All.