imo.. stock already recovered from the law suit news prior to this gap up...
Sentiment: Strong Sell
stock already recovered prior to this gap up on just an upgrade from the lawsuit news.. selling this short here
Sentiment: Strong Sell
i like the short and hold.
http://seekingalpha.com/article/1373921-cliffs-natural-resources-solid-first-quarter-makes-a-great-entry-point?source=yahoo
Lowering price targets on US refiners- Deutsche Bank (48.74 -2.18)
Deutsche Bank notes that the refining earnings upgrade cycle has rolled over and they are now in EPS downgrade mode, triggered by RINs cost warnings, then Tier 3 gasoline, and most concerningly, margins that have been well below consensus since the start of Q2. In this note they highlight the clear weakness of the US refining bull case: gasoline. Demand is tracking the secular ultra bearish argument, and inventories look generous with utilisation about to rise. While they buy the long term US refining crude discount story, they have just taken $10 off their view of Brent, implying a lower Brent-WTI.
seems to me people forgot this news.... huge bounces in these.. they are sells... imo
Sentiment: Strong Sell
Lowering price targets on US refiners- Deutsche Bank (48.74 -2.18)
Deutsche Bank notes that the refining earnings upgrade cycle has rolled over and they are now in EPS downgrade mode, triggered by RINs cost warnings, then Tier 3 gasoline, and most concerningly, margins that have been well below consensus since the start of Q2. In this note they highlight the clear weakness of the US refining bull case: gasoline. Demand is tracking the secular ultra bearish argument, and inventories look generous with utilisation about to rise. While they buy the long term US refining crude discount story, they have just taken $10 off their view of Brent, implying a lower Brent-WTI.
Seems like everyone forgot that news.
cramer says pigs get slaughtered... ncie moves to sell.. im getting short.. good luck
Sentiment: Strong Sell
imo they will roll over hard... cramer says pigs get slaughtered.. time to sell. imo
did we forget this? lol.. shorting tso
Sentiment: Strong Sell
insane move.. insane...
chasing these things long here? I am shortign them all.. huge bounces in these refiners... tso.. vlo.. psx... shorting them for a move back down
Sentiment: Strong Sell
for a while.. lost $10 in a week.... imo buy weakness...
Sentiment: Strong Buy
as the mess with audley will sort it self out.. perfect buyout candidate too... buy weakness!!! sell into strengh... people selling here will be crying in a week.. imo
Sentiment: Strong Buy
these are so oversold they are due for a nice green day ... wlt miners. and fcx
this is a gift... short spy and KORS
Sentiment: Strong Sell
looign foir a sell off later.. this is a fools move to chase this move up... good luck
these things will be at lows end of day.. IMO
Sentiment: Strong Sell
this is ripe for profit taking here... im shorting and holding for $56 level.. good luck all
dont get caught in the down move.. be smart take profits....
taking profits never hurt.... we will have this sell off when nobody expects it....