One more thing pole. I saw your post you are in at $48 in VLO. How's it feel to be down 11 points. Trust me poke no one buys your bs about VLO when to buy and when to sell. Now that we got that out of the way pole what can you do that's right? You know how to reach me if you want to have a heart to heart discussion. However that would require you growing up and being a man
The west has a policy of submit and if we go to war we will go to another great pilicy called MAD. The east has a religion that Ailey deals with the end of the world and right now they are saying bring it on. A small nuke is going to go off the markets will not like this. I'd this happens VLO gets crushed because they have no oil. They are just a refiner
Nice play D. FB is one of those stocks that's truly not worth a 100 billion market cap. I like the call. Nice play to make some quick money
One site over Bermuda off NC. Wind speed 39 mph. Hurricane is heading for the North Pole as per the GPS model. This may be a good time to buy VLO. Roflmao. You guys realize we had no hurricanes. I think that was the first thing on the list for the ten reasons to buy VLO take it off the list fellas
Ok let's talk for a second. $22 profit per barrel for a refiner is ok. $22 to $27 Good. Above $27 excellent. Based on what I just said PBF will drop more before it will go up. Lets look at VLO. The stock makes about $3 a share at a historic PE of 7 this is a time bomb waiting to go off. The first leg will be to $29 then to $21 if margins do t improve. Right now at $36 you are throwing away your money. In regard to VLO when the spread was bad they fell back on their retail section of the company. Now that they spun CST, VLO is at a point of losing money this quarter. The variable with VLO is the different fuels and quantities they make. Here us what I know gasoline and Jet fuel sales are down therefore they are losing money. At this time they do not have a avenue for improving there overall profits. VLO is way over priced here and so is PBF
Perfect jpm sets aside another 1.5 billion in legal fees and employees are covering up finacial losses. As I said their books are rigged and the stock is coming down read the news
The market is going to get slimed and slammed very shortly. Look at the 10 year T bill. Verizon financed there deal at close to 6 percent today. Home Depot interest rate on their buy went thru the roof. Their prices are now 50 higher on doors an appliances. Another bankruptcy in the making.
Depends where you shorted it to D. Right now every is going long on FB to 50. I find this hard to believe on a technical basis. I look for heavy selling in the next two days
Market smells right now. The majority are trapped in their positions. Forget what DOW does. Break it down further. Look at fundamentals. Everyone of the DOW stocks have empty buildings across the country. The stocks are just trading on momentum like FB. Incredible market cap. If I was shorting FB now I would be forced to buy a few call options to cover the potential losses set for 9/13/13. Break even is better then a loss. Dad but true but the pit says FB goes to $50 very shortly. Not sure if it is due to the run up or the new highs but as a trader I would respect it right about here
That is sad but true. Right now there is 51000 contracts at $46 for Fb with a open interest. That's a winning number to buy some options with a open interest to purchase the stock at $46 if it goes to $50. It's a clear reversal out of a short position. It also will make you some money at that level. Good luck D. That would be my play. Call options at $46 with a open interest to purchase
D. Fb makes .22 a share. Stock is at $45. Earnings on 09/21/13. Short this pig. Excellent call. This stock is trading on momentum it may hit $50 based on options. But Fb will have a major pullback.
Hey idiot I missed you. Now ah. At $6 a barrel VLO posts a lost they need $12 a barrel or better. You know that ah. Check your own posts in the June time frame. You can't make stuff up as we go along ah. I just want to let you know I not calling you a idiot. However the freak who is using my name or trying to is being monitored for abnormal behavior lmao
Now idiot. I really did miss you. Lmao. Your really not that smart.
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