Joined Nov 11, 2007
31,929 Blog Posts

Crack Spreads Now Up an Astounding 6.5%

Approaching $27.

Shhh, don’t tell the shareholders of refinery stocks. They are smoking a different sort of crack.

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One comment

  1. CapitalObserver

    Serious question. The time to buy cyclicals is when the PEs are high and sell when the PEs are low. Don’t refiners work in the same manner? Im sure the crack spreads were terrible for WNR when the stock was $5 but wasnt that the time to buy? Could now be the time to sell?

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