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PENN OCTANE CP Message Board

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  • rrb1981 rrb1981 May 24, 2005 11:26 PM Flag

    Good news on Earnings

    Exactly.

    I don't know if Shore will turn things around or not, but suffice it to say, POCC isn't setting records and the gas/diesel resale rack biz can't be making much money at all. If Rio Vista does not make an acquisition that adds a lot of durable cashflow, then long term they are a goner. Might hang around for a few more quarters, but, that cannot survice paying out more cash than they bring in.

    Yes, Rio Vista has more to lose.