I thought you said the bollinger bands tightening as they did. And that ment that the stock was going up. And you recommended buying. Now you just said that it could od ment the stock was breaking down. This is why i asked you and said, that i didn't believe the stock was going up. mainly because there wasn't any conviction or volumn.
The fed will jump right back in. if they do this too soon and see that the economy is not as strong as they thought. This has already been noted and discussed.
Didn't you predict 32.00 2 weeks ago? And then posted again that you were standing by your call? You are like the Dallas Cowboys, Full of bad calls.
There really isn't a limb you went out on. The deal should make the stock pop. If it doesn't then we know it has been priced in. Or investors feel that LINE paid to much. These would be the only factors against a price increase. Way to stick your neck out. Geesh. I mean everything is accretive once the news is let out that the deal is closed.
Thumbs down on refineries being up. Just amazing.
Anyway here is another feeling from another board.
The Southern Keystone will affect the price of WTI at the Houston/Port Arthur terminal. For this extra crude to reach Louisiana it will have to get to the Ho-Ho PP. Houston and Port Arthur will be flooded with WTI. For this reason Brent is no longer needed on the GOM. My guess is that refineries in partnership with Middle East majors will continue to import their Brent. One crack spread no one talks about is the Middle East Crack. My guess is the Saudi crack is close to $150 per barrel. The Saudi production is close to $40 per barrel. These refineries can export from the GOM to South America with huge profit.
The WTI and the LLS are the reference today. The East and West coast still have Brent competing, at some point the WTI or LLS will be discounted. Do not forget the WTI export to Canada, a new twist.
So NO pop. And you believe the deal was priced in. Is that what you are saying! Since they all bought in the 20's then they will be selling as well. Since there is no more money to be made on the SP?
For you LONGS, LINE should better closes above the 200d today.
Regarding BRY and LNCO, they are desperate !!!
Guess you aren't long.
It would appear you were looking for the huge pop for a trade after the deal. Now you are #$%$ that it didn't happen. And you now have to stay in longer then you anticipated.
I agree they were pumping their little chart reading skills. thegreatone was looking for 32.00 2 weeks ago. But what you wrote here "For you LONGS, LINE should better closes above the 200d today.
You should of written for us longs not for you longs.
This is why I said what I said.
No kidding. But you kept saying the tightening of the Bollinger bands was for a pop. And yourself and dula kept calling me stupid and dumb, because I said you were wrong And that I needed to take econ 101 because I was so stupid. Now who is looking silly . Both of you. Point made by calling someone else stupid and dumb only made yourselves out to look silly. It is quite amusing when ones believe they are smarter then another Thank you and GL down the road.
that was you. And you were looking for 32.00 and standing by that prediction/ What a loony bird you really are and you keep proving this fact. Time for you to go away now.
You are kidding right. Either the market is still digesting this deal. or LINE paid to much. So we all get that .25 divie and a lower SP to boot right along with this deal.