Been a holder of VLO for 4 years, the stock has performed beyond my expectations. I don`t look at VLO day-to-day. I realize this stock has its "up`s n downs" like most stock. I do look at VLO as a solid Long Term investment, that will double in 5 yrs,which is what you should be looking for when investing in a stk and company. Don`t be swayed by those who trade or swing stocks, without understanding the fundies...EOY target is 42-44.
Let's see, VLO announces a 30% EPS miss and shares trade up 4% on huge volume. I guess some others think this stock will appreciate, too. To bad for the shorts and traders that the charts can't predict fundamentals!
Not at all, what VLO did was admit their is a earnings issue with the stock. Investors do not like to hear this. VLO downward trend will continue. Do you really think VLO went from $48 to $33 so you could buy it cheaper? This was a sugar bounce. They will guide even lower. Also, the MMs can sit on shares sold or purchased for three days before the trade closes so we have no idea how many shares were sold or purchased unless we total up the orders. There was alot of small time trades during the day for VLO. There was no conviction buying. However their were blocks trades on the sell side anywhere from 15000 shares to 35000 shares on up, There is also a .20 difference on the low side where VLO closedStock VLO shows it is up $1.32 but it is trully up only $1.18 from my data and that does not included after ahours trading therefore VLO is technically up at the bell Monday $1.07..............on block selling and small investor buying.. MMs will get out Monday before you do...Enjoy the trade