Northern Tier Energy LP (NTI)

[bzusa]

Closed out my PBR short yesterday, and I'll short them again if the hit $5 again.
Put the profits in a NTI short. I'll close that when NTI hits the WNR $15+.2986 value (now sitting at $24.15).
The fundamentals for refiners are horrible - huge gasoline builds week after week (8mm bbls two weeks in a row).
The PADD cs is at $11 - up a bit from last week but still just awful (q/q or y/y)
The Bakken discount has gone away so one of NTI's advantages has hit the deck.
Go Warriors (73-9).