lol, its all good. he doesn't believe in the "spread" and prefers tarot cards, leprechauns and unicorns.
nevermind the fact its at 6.17 last time i checked
good for them.
bad for your health
just like kkd is bad for your investment portfolio
LOL, and so you lost another 3% today. meanwhile, I've net 16% in the last 3 weeks.
thanks for the $$$$ you dumb schnook.
i agree with you. im looking to cover around 34 this week if the trend continues. id rather not have a position in any of the garbage im trading before employment numbers. i dont know really know what to expect, and now with this ukraine thing starting to build, it makes the leaf jittery.
im just waiting for the market to get one more good schalacking. refiners look like they have a case of the flu, and all the major indexes or hitting highs, but the macro data stinks. couple that with shrinking spreads, and i dont see a ton of upside.
not to say i dont like the company, i do, but just following a thesis
60 may be a little optimistic. i could see this trading into the low 30's before 60 but thats just an opinion looking at the chart and current macro environment. im short at 38.30 for what its worth (also short alj) so you may not want to listen to me.
but i still think its a good company, just priced to high thats all.
meh, that doesnt matter according to the resident "expert".
wnr has an oil fairy and a magic lamp so feedstock prices really dont matter.