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Re: jugs post# 662

Monday, 11/07/2016 9:31:33 PM

Monday, November 07, 2016 9:31:33 PM

Post# of 782
Finally looked up the day's results for CVRR.

Units dropped 20 cents to $6.80. And then in after hours, the other shoe dropped bringing units down another thirty cents.

Meanwhile, NGL ROSE 65 cents. CEQP rose 30 cents. KNOP climbed 75. ALDW added eight cents, AMZA tacked on ten cents, LADR added 23 cents, NEWM went for 65 cents higher and NRZ another 22 cents higher. Every single one of these moved higher today while CVRR sank during the session and died miserably in after hours trading.

If that doesn't spell things out, I think there's little point in trying to convince someone determined to stay the course, regardless of facts in evidence insisting this dog is lifeless.

My sense is that CVRR will either declare bankruptcy or put itself up for sale. Obviously the company has not shown itself capable of navigating through this difficult time.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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