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Western Refining, Inc. Message Board

edmanfan 11 posts  |  Last Activity: Dec 17, 2014 1:00 PM Member since: May 13, 2002
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  • Reply to

    I think Barrons is a pimp for hedge funds

    by edmanfan Dec 17, 2014 9:58 AM
    edmanfan edmanfan Dec 17, 2014 1:00 PM Flag

    I agree about CNBC, you have to remember they have 12 or more hours to fill and will put whoever they can get to fill up the time. I remind everyone, this is entertainment, not financial advice. I had several clients who claimed the longer you watched CNBC the less you knew about the financial world. But I do not think they are inherently corrupt.

  • I subscribed to this rag for more than 10 years along with the WSJ, IBD and several financial magazines when I worked on Wall Street. I canceled my Barron's subscription when I decided they are a lousy mouthpiece for hedge funds who feed them information to help out their positions, particularly short positions. I will bet that nice presents showed up at journalists homes after printing up the info that was spoon fed to them. In my opinion it was often after a move in the wrong direction so the hedge fund wanted a liquidity event to help them get out of a bad position or enhance a winning position.
    So I think this is another example of someone short the stock who was counting on negative guidance from management and is mad they didn't get it. So they make this #$%$ up to hope somebody thinks this is new info instead of a direct contradiction to the positive guidance given by management.
    My advice is never buy this rag and ignore anything they write because it is likely "planted info" to benefit someone else, not us.

  • If Cien can hang on to these gains today or this week and close above 18.64, that would be a very positive signal. The last time CIEN was above it's 200 day was April 3 when the stock was around 22.

  • edmanfan edmanfan Dec 11, 2014 9:53 AM Flag

    Call your broker and ask if you can execute trades in the pre-market and wait for the laughter. Individuals do not have access to pre market trading, that was a whopper by Mold/Grow, makes you wonder about anything else he says.

  • edmanfan by edmanfan Dec 8, 2014 11:08 AM Flag

    look at the post about shorting AA by Mold (under the Shorted 20K at $16,30 I think), he accidentally refers himself as grow, which means he posted that under the wrong alias and they are both the same person. No wonder the grow posts have been so negative about technical patterns, it is just Mold trying to reinforce his alleged short positions in CIEN.

    Anyone know why CIEN is up so much today other than earnings report on Thursday?

  • Reply to

    Really what you should know.

    by moldinc Dec 3, 2014 1:34 PM
    edmanfan edmanfan Dec 3, 2014 3:25 PM Flag

    everyone is entitled to an opinion but I prefer to have facts or historical probabilities on my side before I speak them. You appear to be as clueless about optical packet switching demand for the next 5 years as you are about how stocks typically perform in December, how smaller cap stocks like CIEN typically perform in January and how stocks historically have performed in the 3rd year of a Presidential cycle and also how they've performed in the 5th year of a decade. I know all of those statistics and they are as positive as you will ever find. So the probabilities greatly favor going long now for the next 13 months.
    You may be correct this time, but you need something bad to happen that is out of the ordinary. So if I were you, don't start telling everyone at Holiday Parties this is a good time historically to short stocks, you will not be invited back.

    Sentiment: Buy

  • edmanfan edmanfan Nov 23, 2014 1:23 PM Flag

    Based on what?? What new fundamental changes do they list to rescue this dog from it's brain dead CEO?
    I would love to know and love to believe but it has to make sense.

  • Reply to

    Shorted 20K at $16.30

    by moldinc Nov 21, 2014 10:22 AM
    edmanfan edmanfan Nov 21, 2014 10:43 AM Flag

    you have to hold over the weekend, couldn't sell if you wanted to, so big deal
    Let's see if you're still short if the technicians take this to 17.50 -18 before they report.
    I might point out that you have President ZERO Obummer on your side with his idiotic net neutrality plan. Since almost everything this moron does is wrong, you are betting on a loser. Maybe OK for a very short time horizon, but not for 2015.

    Sentiment: Buy

  • A close above 50 day clears the path to $18.70 where the 200 day will create resistance. Would not want to be short here.

    Sentiment: Buy

  • edmanfan edmanfan Oct 13, 2014 3:23 PM Flag

    If Ed "the disaster Master" could grow his sales as fast as his SGA, someone might care. Notice any comments on year end bonuses paid to ED for another terrible year for shareholders? I thought not,.

  • Reply to

    Is Oct 9 the day of the next earnings disaster?

    by edmanfan Sep 23, 2014 2:02 PM
    edmanfan edmanfan Oct 2, 2014 2:18 PM Flag

    Great, now we know the bad news is coming on Oct 8 and on Oct 9 we will hear some #$%$ from "disaster master" about why he is killing profitability by maintaining overhead at a level way beyond the current sales and refuses to cut it because "an acquisition is imminent". As they used to say on TV "Where's the Beef?"
    What is the over/under on if he can even earn the dividend this year? Will we hear about matching bonuses for mgmt to specific reasonable targets, probably not, why bother now that "disaster master" has booted all the recalcitrant Board members off and added cronies who will give him record bonuses for terrible shareholder performance. Where is the SEC and low life law firms filing class action suits when we need them?
    Why isn't "DM" buying back stock below or at 10 if the future is positive? Maybe there is a message in that?

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