TSO has more in it

CaptainObvious

CaptainObvious

Obviously a little late to the party, but considering TSO has traded in the 60's it still has plenty of upside.
Crack spreads are improving and TSO is beating that spread. A longer term play.
Earning are 2/20
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I'm telling ya', stay in these refiners until the crack spread breaks down. TSO does have some resistance to break through at this level, but it's got plenty of upside after that.
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Agreed, cracks have been blowing out now for a few weeks and are looking rather strong, implied gasoline demand is rising as well based on EIA gasoline demand.
 
Did someone call tha PO-lice? everyone is throwing their crack out of the window today. Already a $5 fall in the spread today, that is quite large.
 
Wow! I must say I'm a little surprised by the magnitude of the selling in TSO today. Fell of the R just like I thought it would, just not this hard. Had a nice run and all good things must come to an end. Will look for a re-entry point later.
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