Buying VLO right here on this drop.
Again..... The traders are making to big a deal about the Brent/ WTI spread .
Agree with Hfc move accordingly.... But VLO being punished is a head fake based on spin.
Buy VLO this morning.
I am looking at this company through a long-term lens. It has a lot of value left in it. This retail spinoff is something I am extremely interested in. If they can get a market valuation in the area of CSY then I believe it will pay off immediately. Also, if an MLP is created in a year or two after the retail spinoff we could see even more value added to shareholders.