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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (112843)10/30/2008 11:46:53 AM
From: Wowzer  Read Replies (2) of 206150
 
I am considering adding some more TSO here at 10. Someone please slap some sense into me. The quarter looked pretty darn good to me earning 1.86 a share on 8.7 billion of revenues. I thought the high oil prices of last qtr were killing the refiners profit margin? Further we have a dividend that looks pretty safe yielding 4% to wait this thing out. Don't quite understand the hight short interest of 22 million as of 10/10/08. Obviously quite a few think this is going much lower. Also, not real impressed with the CEO who has to sell shares on margin. Why is he on margin to begin with? Just stupid if you ask me.

But I still think the positives out weigh the negatives on this one.
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