Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wowzer who wrote (112845)	10/30/2008 3:08:10 PM
From: energyplay	of 206178

Wowzer - crude prices have wide swings, gasoline prices have wide swings, and refiners make money on the spread. In today's environment, it is much too easy for a refiner to be like an early Honda civic squeezed between two 18 wheel semi trucks - not a nice outcome. (The Honda disappears and the semis now each have 20 wheels and a bunch of sticky goo to hose off) Long term (> 1 year) this may be a great buy, but the next 6 months could be horrible. Consider some upstream companies, maybe dividend paying, and use the dividends to buy refinery lottery tickets. I am prejudiced, I just got burned with WNR, so you should apply a large discount to my viewpoint.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next