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I didn't get 'em all but did get a handful. It's a starter with a follow up GTC order in, in case they drop if further then I will pile up.
I'm in this morning plus have a GTC for more if they decide to drop it. Glad to be aboard this season again.
Where's the bottom though?
Any thoughts on AOGS?
Looks like the form 4's are from this offering.
Western Refining Announces Pricing and Increased Size of Concurrent Common Stock and Convertible Senior Notes Offerings
On Friday June 5, 2009, 6:00 am EDT
EL PASO, Texas, June 5 /PRNewswire/ -- Western Refining, Inc. (NYSE: WNR - News) today announced that it increased its previously announced public offering of common stock to 20,000,000 shares and priced the offering at $9.00 per share. Western Refining also granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of common stock on the same terms and conditions.
Western Refining also announced today that it increased its previously announced concurrent offering of convertible senior notes due 2014 to $200 million in aggregate principal amount. Western Refining also granted the underwriters an option to purchase an additional $30 million in aggregate principal amount of convertible senior notes on the same terms and conditions. The convertible senior notes will pay interest semi-annually at a rate of 5.75% per year and will mature on June 15, 2014 unless earlier repurchased or converted. The initial conversion rate for the convertible senior notes will be 92.5926 shares of common stock per $1,000 principal amount of convertible senior notes. This is equivalent to an initial conversion price of approximately $10.80 per share of common stock, which represents approximately a 20% premium to the public offering price of the common stock.
Western Refining intends to use the net proceeds from each offering to repay indebtedness under its term loan credit agreement.
Merrill Lynch & Co. and Goldman, Sachs & Co. are acting as joint book-running managers for each offering.
A preliminary prospectus supplement and accompanying base prospectus relating to each offering have been filed with the U.S. Securities and Exchange Commission and are available on its website, www.sec.gov. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. A registration statement relating to the securities has been filed and is effective. Each offering will be made only by means of a prospectus supplement and accompanying base prospectus, copies of which may be obtained from Merrill Lynch & Co., 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department or Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, NY 10004, telephone: (866) 471-2526, fax: 212-902-9316, email: Prospectus-ny@ny.email.gs.com.
About Western Refining
Western Refining, Inc. is an independent refining and marketing company headquartered in El Paso, Texas.
I've got a bid at .162
I have a bid for over $2.00
Bids are being hidden.
I'm hoping. I but in a few low bids on P N and K if they happen to get a dip otherwise in on L.
Thanks, grabbed a little L today hoping there's some more life to this.
Super thank you guys!
Can someone explain to me the basic difference between L K and N? thank you in advance.
Wow ameritrade has updated this for me just fine.
Thanx - amtd showing .23X.35
Anybody have a L2?
Piled up on FAZ as well today
I was out of town all day today only to find that my GTC filled this morning. Oh well.
With this crazy market and no news we will see this, but that is way I have a GTC order in for cheap. As they say, buy when nobody else wants it.
I was quite surprised since I haven't done it for so long but I had to punch in my login id and my password then I waited about 20 seconds and the guy I placed my order with was really cool about things and it took only about a minute. Not a big deal. I won't hesitate to do it again.
This is the 1st time I've called in around 2 years, but I'm glad I did. Normally I just say F it as well but it's been worth it so far!
I had to call it in at TDAmeritrade.
Can't wait until this hits the streets!
Radar ASAP, I already own some, it's ok with me if it runs
Big fan of Negril here, and I'll be there sometime this summer as well!
I have to agree. I also think we're gonna be seeing plenty of red days like this in the future so it's nice to have money in plays like this.
I think we'll see some wild swings while some take profits but I've got a sell in for half my shares at 0055 so I'll be here with you for a while
Thanks again for the heads up!
Looks like some are going to take some profits before the next run.
APDR waking up big time today. Grabbed some earlier.
Bids are piling up now, looks like another Rain winner!
Rain is usually dead on!
I'm in Rain - thanx for the heads up!
Crap I gotta call it in.
I'm 75% cash right now trying to figure out where to put some $$$$ in this market - and yes I have FVRL
But it's ok with me
C moving well so far as well.
Well I had to quit waiting for that dip - I hit the ask, still took a while to fill.
I want to know where these shares keep coming from that we are able to pick up every day. I can't believe somebody is selling.
I keep saying to myself, just down 1c then I'll buy more, but this is a moose and just keeps going up.
Well I've got some I paid less than 10c so it's hard to pay these number - still holding out for a little pull back but I might have to hit the ask for more.
I keep waiting for a dip so I can buy more and it just keeps going up. Crap guys can't you give a guy a break? lol