Romasko joined TSO in 2011 after four years at Suncor/Petro Canada and 20 years at COP (which is TSO CEO and former COP executive, Greg Goff's source for industry expertise). He may have agreed to a limited-duration assignment with his old pal to instill COP's operational discipline at TSO and/or heeded Montana's call for the native son to return. Don't expect any consequence for TSO share price.
Why issue a shareholder letter to reiterate what has already been or will be discussed in quarterly conference calls?
Normal depends on your timeframe reference. WTI traded at a premium to Brent prior to the shale/fracking revolution. $5 - $10 is normal now, with the confluence of domestic overproduction with export limitations and global geopolitical events causing the spread to spike with increasing frequency and to stay elevated longer.
Other factors to watch are:
- refinery utilization rates and scheduled or unscheduled outages
- demand as reflected in weekly domestic inventories of crude, natural gas, and refined products
- USD valuation relative to other currencies
- unanticipated logistics disruptions, whether feedstock or product related
- fiscal, economic or political issues that could affect future product demand or operating costs.
That information can be found under the "Historical Prices" link for VLO (see menu above; easiest to navigate if you click the "Monthly" radio button). It was a 2:1 on December 16, 2005. Share price opened at $109 the day before the split.
I don't intend to offend anyone, but you probably should not be investing in individual stocks if you are unable to find answers to your questions from legitimate sources. Yahoo! Finance message board users are notorious for posting misinformation and opinions proffered as fact. Please, at least personally verify the accuracy of what you read. SEC filings under the Investor Relations tab on the company's website would be a good place to start.
Income limits on Roth IRA conversions were removed in 2010. Presently, even high earners otherwise not eligible to make Roth contributions can make nondeductible contributions to a traditional IRA and then convert those amounts to a Roth.
You need to look at NYSE MKT listing standards, which indicate a $2 minimum price for Standard 3 and $3 minimum price for Standards 1, 2 and 4.
The question you have to ask yourself is, "Who was willing to pay a premium and buy rights for $0.18 to $0.25?"
Those who sold their rights in the $0.20-$0.25 range now can buy back multiples of their original rights for $.05-$.07 in anticipation of the big run on Monday and Tuesday. j/k
I would suggest it's CPQ. Read recently the leading edge youth market has eschewed texting and tweeting for video communication. What manufacturer would not want the highest quality in their product to compete for that demographic?
Disclosure: I have not played PXLW but investigated, as I do many stocks,after I saw it on the % gainers list within the past few days. (The % losers list offers better odds from my perspective, just to discourage chasing % gainers. Wait on the gainers to come back and play the losers after they bottom.)
OT: Also read that FB's youth market has been flat. The growth has been in age 65+ users. LOL, but that is an expanding demographic, is it not?
You are correct. That's the August quote I misattributed to Dr. Chan. Seems my eyes are not as fast as the scroll button on my mouse. Still, there is no mention of sharing the data this year.
You have a point. Opportunity cost is what has discouraged me from accumulating more shares and encouraged me to sell some shares on the pops. However, how many times have we said, "Darn, I wish I had held longer or bought more shares?" I will confess to a least a dozen in the past five years and suspect CTSO may be added to the list at some point in the not-too-distant future.
I admit to piling on this subject in the past like many others, but another poster's transcript quote led me to revisit the August shareholder update and November Q3 earnings call transcripts. Dr. Chan never actually said interim dosing study results would be released by the end of 2013.
These are verbatim the only mentions of interim dosing study results in the two transcripts:
"As data becomes available from the dosing study, we will be reviewing with our Data Safety Monitoring Board and discussing interim results when appropriate, with the goal of having at least interim data by the end of this year." - Philip Chan, August shareholder update
"And again, as we have said before, we plan to have at least interim data analysis for 2013." - Philip Chan, November Q3 Earnings Conference Call.
Note that in both instances Dr. Chan said they planned to "have" the data, not planned to "release" the data, for whatever difference that makes. Unless I missed another quote somewhere, we can stop holding our collective breath or suffocate.
Knowing by your own admission you are one averse to selling for a loss, suggesting you don't have the cover of tax losses, why are you harvesting acorns today rather Thursday? Are the shares you plan to sell in a tax-deferred account, or do you anticipate a New Year sell-off? Remember, all those 401k contributions must be invested, and I doubt much is going into bond funds.
You must include the $0.20, because exercising rights requires you to forego selling the rights. You will have $5.20 less cash per share.