Sold VLO – Valero

Sold entire VLO position – 2.5% at $47.23 which represents a 20% loss. Just way to early on this as oil continued climbing putting more margin pressure on the refiners. Still Have TSO, SUN and HTE which are in that segment.

This entry was posted on Tuesday, May 6th, 2008 at 2:13 pm and is filed under Investment Portfolio Changes. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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