looks like its getting a little pricey relative to the others. same with dk. my vlo and hfc got called so im out, but debating on pulling the trigger on my other two.
I would call the top 45-49........I base this on comparison with the current cash flow, debt that will continue to be paid down, valuation relative to its peers, ( I agree with Northern on MLP that its
likely in the cards), - crack will remain strong, improving world economies, still possible strategic merger, solid management team that is focused on shareholder value ( why not , its still largely insider held). Put it all together and yes, I see it 45-49........Not sure about the 50's.....I dont have the courage to go there!
45 would be nice. I've tinkered with WNR and DK since their IPOs but got out right before the crash....I was lucky, cant say that for some of the shipping stocks I used to own. Mgt has always done a good job, and have their finances stakes in the company, although I never was crazy about them buying out Pride for that #$%$ Yorktown refinery. I will probably hold until earnings and then pare back my position.
Thanks for the input. GLTA
THIRD QUARTER HUH???? %49.00 interesting... Nor.. D.. but what happens on March 1.. a resident of a major naval installation.. I just saw the New sec. of defense.. CANCEL the deployment of the USS Carl Vinson. to deploy to the mid east... due to the defense CUTS... Oh boy.. here it comes..