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Western Refining, Inc. Message Board

  • redleaf9298 redleaf9298 Feb 23, 2013 9:34 PM Flag

    In the words of the late great Rodney King...

    "People...can we all just get along"?

    Sold half my WNR Friday, will probably sell the other half Monday. If I must the next leg higher so be it. I hope the prognostication by Northern is correct, but I'd rather take a profit and hope for a pull back, then lose my profit and hope for a gain.

    Hope is not really a word I like to use for trading/investing, but what do I know.

    I'm considering rolling the funds into PMT or HMST, or RDN....I'm not a big fan if Jimmy Crapper, but he's confirmed my speculations. Stan Kurland is the smartest #$%$ out the Countrwide Mafia, and Radian is one of the few companies that can still write MI on new mortgages. U/W standards are extremely high and as rates rise and employment improves risk and preypayment speeds will decrease. Plus the secondary gains on selling closed loans into either an MBS or AOT, were and still are historically high. Plus MSR and SRPs are also high. Just an observation.

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