GENTLEMEN, IT’S TIME TO SMOKE CRACK

Energy Transfer Partners is buying SUN for over $50 per share. Let me explain to you how this works.

SUN is the biggest piece of shit company on the planet. However, due to the lack of refineries in this once proud nation, their assets are worth more than $5 billion to Energy Transfer Partners. Because you have the brains of small children/dogs, I will walk you through the process of making money in this sector. As you know by now, Carl “give me three seats on your fucking board” Icahn is trying to acquire CVI. God only knows what Carl will do with CVI if they actually sell to him. At this stage, I believe Carl suffers from dementia. However, there are other players involved in CVI.

THE WAGONS ARE CIRCLING AROUND THE REFINERS.

As you recall, even DAL was interested in buying some refineries to offset the insane price of jet fuel.

THIS ALL LEADS BACK TO THE WNR.

Sure, there are other well managed refiners, like HFC and DK. But none of them offer the allure of a leveraged bet on crack spreads like WNR. With SAC capital and Appaloosa involved in the name, I like to believe there is ample support, a bid if you will, for the shares of WNR. Now the company is slated to report earnings this week, so don’t get all overzealous and shit with any buys. But this is where the money in the oil sector is being made. Fuck all of your wells and equipment companies. I am taking money directly out of the pockets of joy riding Americans and placing it into my coffers, via WNR.

As an aside, the MSFT deal with BKS will serve to teach short sellers a variety of life lessons today. With futures soft and Europe down, look for modest profit taking this morning. Nonetheless, defensive stocks should offer safe haven.