The Company and its subsidiaries engage in the business of refining and marketing of petroleum products, in the South Central, Southwestern and Western regions of the United States.
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This company has terrible assets and will be among the first wave of refiners to merge/go bankrupt when the next refining crunch hits. That said, some idiots will come along and pop this thing up. Only one paw mildly up--I wouldn't buy this for even the nasty tomcat across the street.
Goody goody ! Recd!
I was wondering whether you looked at the Balance Sheet........good points
I have found that most of these are no good shorts though!
I would only paw at this a little for a few income bucks on a good short term entry price. I like the EPS and dividends followed with covered calls. If you get assigned, you have done well. Very, Very slim chance of missing a break-out opportunity due to selling calls. Over a long period of time, the calls and dividends will pay off.