Replies to post #170899 on Naz News, Gappers and FLE''s

[iconoclassic]

On WNR, or more precisely, the refiners in general...

They make profit when demand is up...the more they process the more money they make...

So indirectly, if higher oil prices leads to decreased demand, then their profits decrease...

[mcmike]

WNR negative comments from street.com's David Peltier

high demand and lower supply post-hurricane
high debt to equity
very high short interest, so some squeeze potential
stock has doubled but debt issue could pressure shares back to single digits the analyst thought


http://www.thestreet.com/video/10438536/index.html?puc=_htmlbtb&s=1#1806202184

btw it did break that weeklong triple top
look at the nice price by volume histogram bar it lifted out of in the last week