WNR is Staging a Major Breakout

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WNR is on the verge on a major multi-year breakout. It has been bumping $20-21 for a year now. It may bump again, but the news keep getting better for the company. Just yesterday it announced prepaying another portion of its debt. It has paid more than $600 of its debt since end of 2010. At this rate< it will be debt free in 2013, which is very unusual for a refinery. Crack will stay most likely stay high regardless of the pipeline reversal. And 20% plus shorts will be covering in pain. If it moves,expect $25-27 in a short period of time.

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