Spreads are up 10% this morning, breaking $34 with conviction. Every money manager who makes believe to know what he/she is doing will be positioning into the sector shortly. Multiples are very attractive and growth rates are best in class. All of the refiners fucked up with hedging in Q1. That will not happen in Q2.
Get that hard on, boner money, and circle jerk your way to prosperity (NO HOMO).
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Yorktown
Indued!
“Cocaine runnin’ in my big vein”
the silver run is over .. get out soon… time to short! i am short gold. 1515… also short oil..
your mother
lol
they just realised, an 18 print before close. get the umbrella,the boners’ gonna explode
It would be interesting if we see oil tanking as I think it would underpin spreads even more.
Ok fly how the helll do u find this mofo music its crazy
LOL
That’s that Maybach music.
I always thought of you as a CLS63 AMG sort of guy.
sir fly, do u consider demand destruction?
yes. But look at crude; it’s not nearly as strong as gasoline. We could see prices come down at pump, as spreads widen. Best case scenario.
i’ll have to disagree with price reduction at pump.not in major metro areas.all majors raising price price by ten cent more today. if it comes down, they just give back the ten cent. then the obam can declare a victory lap is all
Crude now moving higher after being up 6% yesterday.
Fed is trying to use margin increases to stop inflation instead rate hikes and it’s blowing up in their face.
positive: bought bike to combat high gas prices. bike sales r up.. negitive im too lazy to ride bike, bike will last forever,