Northern Tier Energy LP (NTI)

[pete807]

They changed their web site to include the word business... here is the link:
http://www.psac.ca/business/firstenergy/
Strong WTI/WCS spread .... it is a long rail ride from Northern Alberta to the Gulf Coast.
Retail profits will fall back to more normal as you reported. Meanwhile NTI can expand their retail which is good for them long term... Not for us short term. Good news is that it has almost no effect on the payout as we know it's about the refinery and margin there.
I will hold also for at least one more payout or if they offer a better price. My sources say it is worth at least $32. I suspect WNR thinks their stock will rise to make up the difference when the deal is done. It already has sweetened the deal on paper somewhat. Logic tells us most unit holders in NTI will be selling WNR as soon as they have to eat it as part of the deal and will be going elsewhere for a better return. Best scenario might be to avoid being a WNR bag holder and sell after the next payout, before the deal passes all SEC inspections and any other hurdles. Time will tell and its all a crap shoot. GLTA!