Energysystems Another 5% drop in CLMT, continuing to leg in. 2nd of 4 limits now triggered.
10/10/12
Reply
(6)
•!Report Abuse
View all 6 replies
ComputerBlue: Its coming right back down to where it should be according to my charts. I'll add some today I think.
10/10/12
•!Report Abuse
Energysystems: It's got a higher p/e than most in refining. But it's yielding 7.5%+, a peg under .3, and a forward p/e of 8? I'll gladly continue to add
10/10/12
•!Report Abuse
ComputerBlue: TSO is getting beat up today too. HFC a little less. You into either of these?
10/10/12
•!Report Abuse
Energysystems: No, CLMT is my only refining play. Stepped out of PSX pretty soon after the split, sold in mid june in the mid 30s, kicking myself for that
10/10/12
•!Report Abuse
Energysystems: Might I add, CLMT is my only direct refining exposure, I have some other mlp's that dabble in it but isn't their main driver.
10/10/12
•!Report Abuse
ComputerBlue: I went out too soon earlier in the year on VLO. PSX and MPC should still do well over the next year.
