Western Refining, Inc. (WNR)

I am bottom feeding.

roll the dice

just about every one of my favourite caps allstars has greenthumbed this yet are down many points.
i looked at the financials, this appears to be a bit undervalued. a good pick.

Buying at the lows

Oversold. Gonna sell the Dec 5 puts tomorrow at the open

Their refining capacity is dirt cheap - just a nice takeover candidate. Its CEO and main shareholder might be looking for somebody with cash to get along with the debt - and pay a nice premium to shareholders. USD8/sh looks a decent premium at current pricing. Just look at NOVA Chemicals some months ago.

Oversold will come back slowly over time

Multi Year Low. Expected an Oil bounce back with in 5 years

NOW is the time to buy this, with expectation of selling June 2010.

I'm buying low here.

Out of favor refiner has gone down since March 2009, but its value will likely become apparent in 2 to 5 years.

Western Refining, Inc. (Western Refining) is an independent crude oil refiner and marketer of refined products, and also operates service stations and convenience stores. The Company operates in three segments: refining, retail and wholesale. The Company owns and operates four refineries with a total crude oil throughput capacity of approximately 238,000 barrels per day. In addition to its 128,000 barrels per day refinery in El Paso, Texas, Western Refining also owns and operates a 70,000 barrels per day refinery on the East Coast of the United States near Yorktown, Virginia and two refineries in the Four Corners region of Northern New Mexico with a combined throughput capacity of 40,000 barrels per day. Its primary operating areas encompass West Texas, Arizona, New Mexico, Utah, Colorado and the Mid-Atlantic region.

There may be a little more for this stock to fall, but at a price below $6 seems like a reasonable long-term buy.

Recommendation of cap member and/or remembers to at least double with in six months or less

Cheap price. Profits will grow with economy and increased demand.

I expect WNR to make a positive surprise in Q3 earnings.

Price difference between heavy sour crude and light sour crude decreased compared to past years. This will put WNR in a better position against its Gulf Coast rivals. What was once WNRs disadvantage is now its advantage.

http://www.wikinvest.com/stock/Western_Refining_(WNR)

Increase in oil prices next year along with concurrent incremental increase in demand should bring stock out of doldrums.

great company

economic recovery will drive up fuel demand, along with the price of gas

Should be nice when world economy picks up