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Gold/Mining/Energy : VLO: Valero Energy Corp. -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (165)5/4/2007 4:56:14 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 299
 
nice exit! looks like you top-ticked it, for the day at least. a very good run from 48. fundies aside, it was obviously a better value a couple months ago.

i am still holding my long-term shares in taxable acct. i would like to think their buyback program, and the incredible margins they are now enjoying, will support the stock.

but it does seem like the best time to buy is when the fundies look bad.



To: carranza2 who wrote (165)5/4/2007 5:13:16 PM
From: manalagi  Read Replies (1) | Respond to of 299
 
Congratulations for selling at pennies below the 52 week high! Considering what happened to CHK, you might have called the danger zone lurking. Oil has come down too much in a short time:

bloomberg.com