would you rather have revenue that is exploding + hedging losses or revenue that is dropping + hedging gains? we choose the former every time. if you start to see large hedging gains, its would mean that oil prices and crack spread have already peak and started to trend down.. thats time to sell everything.
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-05-31 12:58 | Report Abuse
would you rather have revenue that is exploding + hedging losses or revenue that is dropping + hedging gains? we choose the former every time. if you start to see large hedging gains, its would mean that oil prices and crack spread have already peak and started to trend down.. thats time to sell everything.