Let's go with "the euro is imploding". Have you heard this one before? When will this be baked into the stocks? I looked at HFC EV/EBITDA which is a nice tidy 3 - compared to VLO which is 5 and CLR which is 10. If it goes up to 6 it trades at a hunny bear per share. What is wrong with this picture?? Somebody thinks is overvalued? Really??
Most people are basically ignorant. All you have to do is look at the key statistics to see this is an undervalued stock. Very low P/E ratio both now and forward looking. Positive cash flow. Positive levered cash flow. Over one Billion cash on hand. How can you loose? Eventually cream will rise to the top. Good time to add to your position.
This is not rocket science.... The MMs have to follow their analyst projections.... You may disagree but your shares or my shares do not move the stock.
The difference in applied value between VLO and Hfc on 12/31/12 had to change to get the stock prices in line for the 2014 projections ..... And it has. No magic, no personal opinions necessary.... They laid out the road map , all you had to do was follow it and make money.
I learned the hard way years ago.... This is not my game we play... It is theirs.