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Valero stock? VLO. What's your opinion?

by | earlier

It seems like an oil company stock should be going up.

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The trend is down, and it is accelerating. Never try to catch a falling knife! Avoid this stock. The first answer is correct, the refiners have been getting killed as their profit margins have been getting squeezed the last couple years.

Scott Cole

www.theultimatestocktradingsystem.com

www.kungfutrader.com
Report (0) (0) | earlier
Valero is principally a refiner, not an oil producer. Refiners are being squeezed by higher costs.
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