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Western Refining, Inc. Message Board

  • trade_4_somegreen trade_4_somegreen Sep 23, 2011 11:07 AM Flag

    ALJ earning $$$$$$$$$$$

    beat estimate wow...

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    • Along with WNR, I own a ton of ALJ.. When it got into the 14's I did not sell.. Too bad for me right! Well, anyway, I still have all my shares and just collect the dividend. I did not sell because I thought at the time it was worth close to 20.....The news is not really new to people who follow ALJ.. It has been a company on a steady repair now for the last 2 years. 2012 "should" prove to be a great year for the company provided we get out of this macro mess. But in all honesty, if it were not for this Europe thing, ALJ would probably be in the teens and ALJ in the low 20's.. No excuses from me though, should of could of would of does not work in the stick market.. So it is what it is.....Just about all the refiners, VLO, CVI, TSO, ALJ, WNR, HFC have been really clobbered along with so many others..BUT we do have one advantage.. Our earnings should be very strong in this sector....It is just horrible luck that all is tied to Europe, and ALSO one thing that not many talk about that has really changed the game- MACHINE TRADING.......When they took away specialists and replaced them with machines, a great deal of rationality and senses was removed. So now just about everything trades in lock step with computers pre programmed to specific formulas.. Not much to do with sectors, profitability, etc......JMHO D

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