I purchased some shares of $VLO a few weeks ago when the stock was approaching historical lows across the board with respect to many value investing metrics. Now, the price has continued to plummet, down nearly 25% since I bought. I realize the general market has been on a downward trend and that oil and gas stocks have fallen even more, collectively, but should I be concerned about my investment? I still believe in the viability of the business and am hopeful that even a return to what had become a normal stock price will help me recoup my loss.
Thoughts or advice here?
Submitted November 24, 2018 at 12:05PM by Bladen001 https://ift.tt/2PT2JxU