I was mere cents away from my first triple. And then Western Refining was downgraded by Deutsche Bank. 
Sorry to hear it, WNR! The share price bounced around: WNR shed nearly $5 after the downgrade, but recovered almost $2.50 today. It'll be interesting to see whether this is just a blip or whether it changes the direction of the stock. Look at the 1-year chart. As of today, it's up 187% since I bought it.
Sorry to hear it, WNR! The share price bounced around: WNR shed nearly $5 after the downgrade, but recovered almost $2.50 today. It'll be interesting to see whether this is just a blip or whether it changes the direction of the stock. Look at the 1-year chart. As of today, it's up 187% since I bought it.
2 comments:
Looks like they got a 2nd downgrade today. One thing I think that really helped WNR was buying GI so cheaply. What a brilliant move! I know that if WNR does drop much further, I'll be joining you as an owner. I already have FTO (which has been solid for me), but these refiners are lagalized $ printing presses.
Well said.
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