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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (85507)5/30/2007 1:18:09 PM
From: carranza2  Read Replies (1) of 206180
 
Quite a few shares to cover.

Well, they won't get mine.

I am back in VLO after riding it from 48 and change to 74 and change.

The Goldman notes, the buybacks, the incredible crack spread, the divvies, the management, the ability to refine heavier grades of oil, you name it, what isn't there to like in a stock which has so many positives yet sells at a low p/e?

I don't know about peak oil as it seems fairly debatable, but I definitely do know about refinery capacity and demand for refined products.
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