Shorts represent the other side of longs as we all know. But that doesn't mean that as a long I must like what they do. In essence, they seek to undermine the very stability of companies in which I've invested considerable cash of my own. Their efforts do me no good, for sure. If you can show me convincingly that shorts are good for a company, I'd like to see that one.
NGL has been viciously attacked by shorts for half a year now. I've added thousands of units due to their effectiveness, enabling me to buy units at beneath $6 which is a fire-sale price point. But I'm not going to suggest shorts helped me although they forced some of the steam out of the stock. And that brought units into a more affordable site.
So if I rail against a company, it's not always because of the ways in which the company operates. Rather, it is occasionally more about management's failure to put unitholders and shareholders first. In the case of CVRR, I'm convinced that folks will be piling on now for the fat distribution. But I'll bet these same folks will be ruing the day they first bought into Icahn's rhetoric as I firmly believe it's to be a one-off situation, not likely to be repeated any time soon.
Carl Icahn is hardly a name people associate with being a "good guy, all heart, determined to improve the lives of others." I view "me-me" individuals as "pig people" for they exhibit not much other than their making a lot of money through the wielding of massive power stemming from an accumulation of wealth.
Give me a good old blue-shirted factory worker! I'll trust him a lot more quickly than the ornery, self-serving bastard I see in Mr. Icahn. My dad was such a person, always recognized as extremely capable, caring and transparent.
However, these are not more than opinions, mind you. And opinions are subject to change day to day as things come to light. Nobody can say my opinions or his or anyone else's are more worthy of an audience. And this is why I always encourage others to follow their own instincts as I'm convinced that's where our greate3st successes will be found.
Recent CVI News
- CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Cents • GlobeNewswire Inc. • 04/29/2024 08:57:32 PM
- CVR Energy to Release First Quarter 2024 Earnings Results • GlobeNewswire Inc. • 04/16/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:42:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:20:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 10:17:09 PM
- CVR Energy Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Dividend of 50 Cents Per Share • GlobeNewswire Inc. • 02/20/2024 10:06:40 PM
- CVR Energy to Release Fourth Quarter and Full-Year 2023 Earnings Results • GlobeNewswire Inc. • 02/07/2024 01:30:00 PM
- RFA Asks Fifth Circuit to Rehear SRE Case, Transfer to DC Circuit -- OPIS • Dow Jones News • 01/09/2024 05:32:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 09:16:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 09:22:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:27:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:25:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:23:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:22:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:18:56 PM
- CVR Energy Announces Pricing of Private Placement of $600 Million of 8.500% Senior Notes due 2029 • GlobeNewswire Inc. • 12/08/2023 09:20:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 01:12:19 PM
- CVR Energy Announces Private Placement of $600 Million of Senior Notes • GlobeNewswire Inc. • 12/07/2023 12:56:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:18:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:54:14 PM
- CVR Energy Reports Third Quarter 2023 Results, Announces a Cash Dividend of 50 Cents and a Special Dividend of $1.50 • GlobeNewswire Inc. • 10/30/2023 08:47:01 PM
- CVR Energy to Release Third Quarter 2023 Earnings Results • GlobeNewswire Inc. • 10/17/2023 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2023 09:25:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/18/2023 08:24:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2023 08:26:56 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM