Due to the recent decline in the refiners, you’ve all become experts on the industry, professing to know all there is about crack spreads and share price correlations. Well then, Sir dick facing ass fucker, let’s go over the actual facts and not conjecture, shall we?
Here are some composite seasonal statistics (monthly) for the refining industry, courtesy of The PPT:
March 4.95% 187 103 64% 36%
April 2.31% 171 114 60% 40%
May 2.55% 180 112 62% 38%
June -1.96% 119 172 41% 59%
In summary, I started buying the refiners in March, when seasonality was at its apex. During the month of April, I am up on both CVI and ALJ, while down 1% on WNR. As you can see by the irrefutable data above, selling this industry into May has been a losing trade, 62% of the time.
Specific to WNR, the month of May has been especially bountiful for shareholders, up 60% of the time for an average return of 10%. Compared to an average loss in April of 3.9%, I’d surmise the time to own WNR, based upon seasonal data, is in May.
Here is the May data for WNR, dating back to 2007:
2010: -1.87%
2009: +13%
2008: +26.7%
2007: +24%
Shouldn’t dick facing ass fucker be hyphenated and capitalized?
is it too late to go long WNR?
Depends on how long a WNR you want in your wildest dreams. Just remember this game is for real.
it depends if you want a WNR of yourself or play with others’ WNR
I have plenty of mine and plan to hold it LONG>
no
About time you put the howitzer to their gumless cakeholes !!
in short time they’ll all be shining your shoes govnah
Say that again?
First,
I’ll get the papers, get the papers
About time you put the howitzer to their gumless cakeholes !!
in short time they’ll all be shining your shoes govnah
You heard it here first: I predict Fly will be out of his WNR before earnings report on May 5.
you have any skin in the game?
banned
Not fair, you typically sell out of a position before earnings anyways!
Warning: Don’t get your WNR caught in this fly! Done been cut off at the HOC!
Go fuck your mother. You’re BANNED.
Who are you addressing this to? You know that Jeremy has installed a “reply” button, no?
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Well, there’s my own answer… the damn reply button is flummoxy!
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The people whose time stamps appear about 12 hours out of whack.
This includes Fly.
You don’t know anything about the refiners, so refrain from speaking to me. And NEVER offer financial advice to me, as you are not qualified.
The price of crude is NOT relevant when determining in the spread.
Senior Fly
can give these idiots a crash course about their crack and their crack spread.
Have your people please fix your computer clock or time stamping.
Oh, and by the way, I am still up 7% on my WNR position, you fucking idiots.
From the BAC report on Gasoline Cracks vs. Distillates (04/21/11) available in the PPT…and I quote…”In our view, sector valuations have not yet moved to reflect structural changes in US crude supply dynamics. With a long term Brent / WTI disconnect assumes at $5 vs. $14 currently, this remains a key factor behind sector earnings strength for those with access to ‘discounted’ crude (like WNR). This is not seasonal; in our view seasonal earnings strength still lie ahead.”
Fly-
U still in OPEN?
Frist rate video:
Fight of the Century: Keynes vs. Hayek Round Two
http://www.youtube.com/watch?v=GTQnarzmTOc
It’s a rap video that tells you more about these 2 competing theories of economics than any lecture you’ll ever go to.
Round One is good too
http://www.youtube.com/watch?v=d0nERTFo-Sk
Reply
That’s excellent.
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It’s got TSA jokes, rap battles, boxing, and the guy who created it is a dead ringer for The Clam Himself. That was fucking epic.
Senior Fly
would you please kindly give these idiots a crash course about their crack and their crack spread.
truly yours
OBGYN
I will murder them all.
From one Dr to another, I cant wait
I salute you Dr
Try a little TIE Fly.
As bearish as I am I like the story on this one.
Holiday on Monday for China…so gossipy little girls are talking about possible rate hike Tuesday, fwiw.
Well..Russia raised rates I see. Darn those Petrodollars.
Lazy fuckers are always on a damn holiday.
lol…Europe is gone too on Monday.
{polite cough into sleeve}
the prince is now sticking his head into the nuse we call,,marrage,,,,sush,,,,
funny my gains in slv,,,over shadowed by loss in slw,,,,tho in up 1% will cut both positions today
Enjoy poverty.
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I didn’t own WNR in previous years. When I buy, the stock drops. There is your answer. Until I sell, WNR is toast. And I won’t sell until you do, sorry.
Anyone watch the wedding? Just to change the subject.
Diana WHO?
My wife and daughter watched it this morning. It’s pretty funny the effect it has on the gals over on this side of the pond.
Romantic little biddies, all of ’em.
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62% of the time, it works all the time!
When I first saw the term crack spread I thought it was to do wither with cocaine or some term used in porn movies.
I fib, but that’s what came into my head.
oops either with…
Wither my ether?
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Will everyone in the class please quiet down. The only one that has the qualifications
To speak about wnr is the fly..
I’m thinking we need the refiners to report earnings before they will take off.
http://www.buzzfeed.com/gavon/top-20-conspiracy-theories-that-have-already-sprun
Some more “birther” fun. They forgot to mention the legal fees in keeping things hidden. This list could be expanded by about 10 points.
wedding news, prince is going bald,,,english soldiers look like dirty q-tips,,,,
Perhaps the most important Jake Gint Blog Post of 2011… don’t miss A Prince is Wed!
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