HOLLY CORP (NYSE:HOC), Up By 30.74% ($15.99) From $52.010 After BUYINS.NET Report Predicted Strength After Earnings
June 22, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 4th 2011 stating that HOLLY CORP (NYSE:HOC) was expected to be Up After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=hoc&id=164320
At the time this story was written, HOLLY CORP (NYSE:HOC) is Up By 30.74% ($15.99) From $52.010 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
HOLLY CORP (NYSE:HOC) - Holly Corporation, together with its subsidiaries, operates as a petroleum refiner in the United States. It produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, specialty and modified asphalt, liquid petroleum gas (LPG), carbon black oil, and gas oil/intermediates. As of December 31, 2010, it operated three refineries in Artesia and Lovington, New Mexico; Woods Cross, Utah; and Tulsa, Oklahoma. The company also owned a 75% interest in a 12-inch refined products pipeline project from Salt Lake City, Utah to Las Vegas, Nevada, together with terminal facilities in the Cedar City, Utah, and North Las Vegas areas. In addition, it owned a 34% interest in Holly Energy Partners, L.P., which owned and operated approximately 2,500 miles of petroleum product and crude oil pipelines located principally in west Texas and New Mexico; 10 refined product terminals; a jet fuel terminal; 8 refinery loading rack facilities; a refined products tank farm facility; on-site crude oil tankage at its refineries; on-site refined product tankage at Tulsa Refinery; and a 25% interest in a 95-mile crude oil pipeline joint venture. The company markets its gasoline to other refiners, convenience store chains, independent marketers, and retailers; diesel fuel to other refiners, truck stop chains, wholesalers, and railroads; jet fuel to military and commercial airlines; asphalt to governmental entities, contractors, or manufacturers; LPG to LPG wholesalers and LPG retailers; and carbon black oil for further processing. Holly Corporation markets its products primarily in the Southwest, Rocky Mountain, and Mid-Continent regions of the United States and northern Mexico, as well as in Central and South America. The company was founded in 1947 and is based in Dallas, Texas.
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