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Valero Energy Corporation Message Board

  • idpatton01 idpatton01 Sep 11, 2013 9:13 PM Flag

    The facts are in

    By expert analysis and crack spreads VLO makes between $3 to $4 a share at a PE of 7 the stock is worth $21 to $28 a share I said short VLO to $29 wow some real smart guys here don't balance my check book for me

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    • Actually I would lean lower then $4 a share. I just looked at VLO earnings. Like all refiners they post a loss every 4 or 5 quarter. They push earnings into the following quarter like VLO and post like $2.39 a share. At that time the gurus try to convince everyone this company makes $8 to $10 a share and then the stock shoots up to $48 a share. That's when the insiders sell and the cycle repeats itself just like it did for the past 10 years. This time is different VLO has no retail outlet. This hurts alot

 
VLO
49.88-0.19(-0.38%)Jul 22 4:02 PMEDT