Back in March, I wrote a bullish two-liner on Western Refining (WNR). At the time, the stock was trading at under $40. Since then, the stock has shot up to over $60 and readers who bought around the time of my writing are sitting on over 50% gains. While I am bullish on oil, gasoline inventories have been rising as of the most recent report, there have been no major hurricanes yet and prices at the pump have been declining for over a month. I believe gains need to be booked here. If you don't sell, you are being greedy.
-- Faisal Laljee
Full Disclosure: I do not have any position in WNR but this can change anytime without notice.