I own some refinery stocks picked up when Wall Street destroyed them, they pushed WNR down to $18, TSO was $68, VLO hit $48 and HFC hit the low $20s too. Last week TSO was $73 and now its up almost $10 because of what? I thought there is a inverse relationship between the Oil Producers through the Crack Spread. If I listened to Wall Street the only refinery I had permission to buy was VLO, still VLO has not performed as well as Holly HFC, WNR and MPC. TSO has not performed as well as VLO so I wonder how come the Street is so schizo dumping sectors one week and moving money to another the following week? After decades I think I would be use to a Ken Hebner style buying ahead of everyone else, still they must lose a lot of money chasing each other's performance.
Maybe it's time for you to get out ? Every great speculator buy fear and sell greed =D They may be marking up the price for s*ckers to buy it to get their positions out ? Donno ...