Bought at an ave price of 27.42 and sold it all at 25.00. Bought at 24.12 ave and sold it all at 22.00. The falling knife struck me in the wallet. I just love losing $$$. Once I'm broke I can sign up for food stamps.
I am in the same F&#$*# boat. Bought at $26.20. Received around $2.00 in dividends since that time, so my average cost is $24.20...still down though. I am still positive on this refiner, however. There will always be a spread between crude and refined products that will make this stock valuable for years to come. The data I have shows that the refinery is producing 95,000+ barrels/day which is awesome. Crack spread is improving somewhat as well. Next distribution should conservatively be in the $1.20 range. I would not sell now. They averaged only 55,600 barrels per day in Q2 due to the shutdown. If you are thinking of selling, liquidate in 4 years when you will have gotten your entire investment back in dividends.