VLO: Valero Energy Corp. Message Board

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Gold/Mining/Energy : VLO: Valero Energy Corp.

VLO 175.61

-0.2%

Nov 7 9:30 AM EST

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To: Paul Senior who wrote (252)	1/18/2008 7:12:26 PM
From: Wyätt Gwyön	Read Replies (1) of 299

Of all the stocks you are following, well, my list is pretty short, actually. all my stocks are high dividend-paying energy stocks, with the exception of WNR and VLO, which do not pay much of a dividend. my position in VLO was quite small at the start of the week--just 10% of the peak position. so even doubling it, it is still just 20% of my peak number of VLO shares, and only 40% of the average number of VLO shares i've owned since 2002. i actually had zero refiner shares until recently, when i noticed they were getting pounded big time. the rapid selloff in VLO recently is the kind of thing i like to buy into. it's not every day that you can buy North America's premier refiner at just off the 52-week low. take a look at the 1yr chart of VLO. it's fallen off a cliff recently. that's when i'm a buyer.

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