Monday, October 13, 2008

TSO up 23%! Thus Fortunes Are Made!

    • The Company announced that Bruce Smith, its Chairman, President and CEO, will file a Form 4 with the Securities and Exchange Commission reporting that
      Goldman Sachs sold 251,100 shares of Tesoro stock owned by him. The shares were
      sold in accordance with an existing margin agreement to meet a margin call. Depending on the direction of Tesoro’s common stock price, further sales may be
      required.
I do pity him, a little, not much. He was sold at the bottom.

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