The 3:2:1 crack spread got beat up this spring but has since almost doubled. WNR has tanked from over $40 per share down to $19 and we've seen a small recovery to $24 after good earnings. It's got a 6% dividend and decent numbers. What's the deal? Can I expect some upside back to at least $30 or is it gonna wander hopelessly in the low $20s?
WNR hasn't down all that bad since earnings and a normal pullback from overbought. It held decent today in the market meltdown. It has a potential of $48 in the long term. If your getting 6% divi it might be worth holding for awhile...TTT