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Strategies & Market Trends : Value Investing
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To: Broken_Clock who wrote (30326)3/14/2008 2:17:31 AM
From: Paul Senior  Read Replies (1) of 78670
 
I'm still holding positions in several, if not most, USA independent refiners. Sector has been beat down quite a bit in past six months. (ouch)

For me, I welcome any positive news about the refiners, such as this with ALJ where the controlling stockholder and another executive have announced confidence in the wounded company with their buy and intended buys of shares in the open market.

...Although though...the p.r. doesn't say how many shares they are buying or will buy -g-.

I'll take it as a positive anyway.
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