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[放炮] Buy WNR

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发表于 2009-12-14 02:32 PM | 显示全部楼层 |阅读模式


4.73-4.74 now, a very good entry. Crack spread is getting better.
 楼主| 发表于 2009-12-15 01:30 PM | 显示全部楼层
Down a few cents since, moving to $4.6 which is the price the insiders bought 100k recently. Should provide some psychological support.
回复 鲜花 鸡蛋

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发表于 2009-12-16 11:59 AM | 显示全部楼层
WNR still have hopes?
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 楼主| 发表于 2009-12-16 01:25 PM | 显示全部楼层
Looks like a bad trade - have 10c to go then cut.

But VLO/TSO are away from the low - so not hopeless yet.
回复 鲜花 鸡蛋

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 楼主| 发表于 2009-12-17 10:11 AM | 显示全部楼层
4.45 is low, so 6c to go.

There is rumor that WNR needs to sell stocks to pay debt. Dunno true or not - the insiders hold 42% shares, so they don't like the idea of diluting. At $4.5 a pop, the downside does appear limited.
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 楼主| 发表于 2009-12-17 02:52 PM | 显示全部楼层
慢慢爬回来了,可惜早上操底的卖早了点。还有4.73的等着出水
回复 鲜花 鸡蛋

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