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XOM - Exxon/Mobile - Largest publicly traded OIL company VLO - Valero - Largest refiner |
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refiners are picking up! VLO up 20% from low. |
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Looking like post 8, all over again... ... I bought an entry into VLO... just 100 shares at $47.84... I've traded VLO a few times, and I've done well in the past when buying below $50... got a little room for more if it drops a bit more... |
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| | From: Kutz | Sent: 6/1/2008 12:47 PM |
That was a good price you got early in May Greedy! Are you targeting this refiner because its the biggest or do they have advantages over the situations of other refiners (ie financial/debt)? Kutz |
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Actually more of a sector trade... probably couldn't chosen TSO just as easily, but I've traded VLO multiple times before, so I went with the familiarity pick... Probably would've missed the trade completely had it not been for Vodka's comments on the CHA thread, reminding me... |
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could someone please do the comparison in post 1 for XOM -vs- PTEN? i think it has caught up, or very nearly. |
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TY, Greedy. i thought as much. |
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Been's chart is prettier... naturally... but you are comparing a big oil conglamerate to an oil and gas driller... Not really apples to apples, but I'm sure you are aware of that... Might as well throw in Wally's PHX... it's been smoking also... |
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Thank you, Scott! I was trying to match the green to this board. |
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nice move for valero today. |
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