Stingray knows about oil operation but thats his limit
Simply put, stingray is like mechanic..know pump tyre/change oil filter but no idea at all about auto sector/supply demand dynamics/refined oil drivers etc
Thats why he keep support refiner even tho i alrdy explain refiners dont have pricing power
Until now stingray blur why crack spread collapse but brent still high usd97
Stingray never believe when i say oil producers always squeeze refiner margins (oil producers have pricing power)..think high crack spread can last forever
Now crack spread collapse while brent still high usd97 prove him wrong
Anthony. You are perfectly right on the trading part of HY. As for HIB, I am out with Paktua. So, no point to dig deeper. let the limit up fella goes limit up on his lies. Wakaka.
and I never said refineries can control or maintain high crack spread liar. I said the crack spread would be inter dependent. again... trying to lie your way out? Wakaka.
kah kah kah... nope... you said it clearly a few times that if the crack spread is down, refiner should process more. another lie. walau... how many lies you need to create to cover one lie arrr? Wakaka.
kah kah kah... go back and read our so call discussion. when you said should process more when crack spread is down, I already know you are just a bukkshitter or a liar. that was why I don't even want to waste my time chatting with you. Wakaka.
anyway, since I am out from HIB, will no longer have the right to say anything about this counter. for those that are still keeping, I will all of you best of luck. and don't forget to ask from MM the limit up horm Wakaka.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
anthonytkh
1,802 posts
Posted by anthonytkh > 2022-08-04 17:58 | Report Abuse
Sting sure knows a lot about HY
And the oil biz…