Background is in Investor Relations and portfolio management focused on energy stocks. Always looking for opportunities to learn & share more.
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There doesn't appear to be any information available that would constitute due diligence as a possibility in this company. The "F" at the end of the ticker tells us this is just another pink sheet outfit. Pinks are usually not available for full comprehension by investors unless they are on the inside. The "F' is added for convenience of trading, I know, but touting that it's traded on four exchanges does nothing for me if it's not traded on one of ours here in the states. And the Frankfurt exchange is hardly one I'd refer to with pride as it's so often used to gauge a rise or fall in the US market opening hours later.
We have our own resident hemp expert on this board in the name of Zev Paiss. I wonder if he could chime in on this as I trust his input will have merit?
I also took a look at your other tout: MJMJ. I have to say I'm very unimpressed. I see no effort made to be SEC compliant. In fact, I notice the filing of an intent-to-file form explaining the lateness of such required filing in order to become compliant. Other filings refer to a COO's contract specifics plus declarations of forthcoming direct awards of shares representing yearly compensation stretched out over a three year period. The impression I get is that there are two employees working for the company. I have to wonder if you aren't one of them or perhaps an IR person hired to promote one or more of these companies?
I find nothing at all indicative of business development or growth. Neither of these two touts is anything I'd consider for my portfolios or those of friends.
However, I'm pleased you saw fit to introduce these companies to this board as other readers may find value in them.
I hope you'll understand that everything I've said above is a reflection of my opinions only and in no way do I wish to steer others towards or away from their chosen investment vehicles.
Today's trading sure put NTI on the fence, it makes no sense to me. Global tensions being what they are can't mitigate America's appetite for gasoline. And baked goods. Or the convenience of convenience stores, either.
This is probably some manipulation heading into the last several days prior to going ex-dividend. Still, it's screwy and hardly reminiscent of an orderly market.
But then again, when is Wall Street predictable?
Beautiful post. Absolutely beautiful! You have a knack for identifying strengths in people and corporate actions and you then demonstrate your personal stance in relation to possible impact upon others.
Mid-day PRs are generally thought to be not smart for they tend to slip beneath the radar of most investors. The standard protocol would have the PR released prior to the market opening with Monday being the day offering greatest strength. Friday is the weakest day of the week as it is the last day prior to the weekend when short-term players usually liquidate holdings. When I was writing PRs, I released them on Mondays, Tuesdays and Thursdays. Wednesdays are coupon days for devotees of supermarket lore and the least effective time to be releasing a PR while Thursday is the last opportunity to capitalize on Friday which is the final splash day prior to the weekend.
I hope Tony does not hear the diatribes. Nobody should have to hear such vicious attacks over and over. It is insanely disturbing to me that anybody would assume such lofty executive privilege as to morally indict others.
QASP is, in my mind, a company without investment merit. I see a flight school unable to pay its employees, a company with no background whatsoever in the MJ sphere of influence suddenly pretending to be a hydroponic grower and facilitator and more, equally deserving of public questioning. This thing was hyped like crazy. I bought into it although on a limited scale in terms of investment. I lost a few hundred $$ because I was stupid. Shares are now waaay down just in the past couple to three weeks or so. I think everybody got smart. I would strongly encourage folks to stay away from this thing. I'm a momentum player as a rule and QASP's momentum is to the downside something awful. And volume is miniscule in comparison to where it was just a few weeks ago.
Another one to avoid in my opinion: FDMF. This is operated by a slick operator alright. I have yet to see a single instance of his doing anything at all for the enrichment of shareholders. Brian Kistler is a piece of work alright.
It's not for me to identify companies which I believe are scams for I believe any company publicly traded is capable of generating cash for the investor smart enough to capitalize on such opportunity. I am not always so smart. lol
Everything above is in my opinion only. I do not wish to discourage others from making their own investment decisions.
Dang! This is starting to feel like my own personal diary. Where is everybody? Nobody wants to come to play?
We're up slightly this morning (+6%) while ERBB is down about 8%, certainly well within the usual trading ranges of late for both USEI and ERBB. That said, we're all hoping for something startling and exciting that may catapult USEI into the next galactic fairytale land where we can taste sugarplums and magical potions of your choice.
I can offer no timetable or guarantees. In fact, I'm not sure I should even suggest that we be assured good things will surely happen for us USEI shareholders. What I can say is that I believe Tony is, indeed, doing his best to form meaningful relationships standing a better than 50/50 chance of evolving into an imposing positive force yet to be appreciated.
Judging from the persuasive slant always apparent in posts on the other board, my sense is that posters appear to be making a personal appeal to Tony, wanting him to do such-and-such. It is utterly preposterous for there isn't a shred of evidence out there even suggesting that Tony has ever read a single one of our posts. Blogs aren't designed to be read by CEO's of publicly traded companies. Instead, they serve as a kitchen where would-be cooks get to experiment with their own personal takes on what might be good for the company in focus. We get to complain, gripe about dissatisfactions and also make friends with others whose interests parallel some of ours.
I hope Tony doesn't ever visit the USEI board! So much appears to be slanderous and denigrating beyond belief. The venomous attacks are more than disgraceful and some of those among us who are offended may find themselves summarily dismissed---banned from a place designed to provide a platform from which we may address USEI's shareholders and their/our communal interests.
There seems to be nothing one can hope to gain by responding to bashers. If anything, it guarantees them a thoughtful audience they can and will surely use as they smear our CEO and the company in which we've invested our dollars and emotions. I find nothing positive in counter-attacking naysayers. They will win because there is no effective way to offset their ugliness. And they will hit the red TOS button if you hit a nerve.
My thoughts only in the above.
You misunderstood Zev's post. He, not I, was a paid consultant for Tony and USEI. Look up Zev Paiss.....a fascinating man with a big heart and knowledgeable eye. He is chock full of insights pertaining to the hemp area in particular. Google "abrahampaiss" and you'll find much to your pleasure, I suspect.
I'm not a consultant to Tony, have no idea where that came from. I've never met the man.
The wet rag comment refers to the dousing capability of a wet rag on a flash fire. Surely you've heard it before and are just putting me on, right? It's quite similar to the phrase, "Please don't rain on my parade." Come to think of it, years ago in the movies it was commonplace to hear a girl's beau described as a "dishrag" for he was able to kill the spirit of the moment by introducing boredom or social ugliness.
Then there's the reference to "wet noodle" and the list could probably grow longer but enough of this silliness! If we keep this up it will surely rain cats & dogs. Hmmmm, did I ever tell you about that?
You may overestimate the ability of some new & youthful investors when it comes to their ability to meaningfully interpret factual material we refer to as due diligence. While you and I can interpret and even tolerate the mistakes we may make, youngsters with limited bankrolls may not be quite so casual in their market undertakings.
Clearly you wish to bring fresh value to this board and I like that. I also hope readers will think things through very carefully, not only yours but all comments whether from USEI friends or foes. All deep thought can and likely will contribute to the most meaningful understandings relative to this stock.
One of our own good guys, Lee6, is in jail, limited to a single post per day. I don't know the length of confinement. Nor do I know what got him banned. What I do know is that he's repeatedly made a near fatal mistake of going after our resident bashers at the USEI board.
I must be superhuman for I don't give in to the impulse to maim the intrusive basher. Sure, I despise their selfish attitudes and determined effort to demean us and our choices. But I accept that I'm unable to have things my way. Perhaps things will be otherwise on a different plant in a different time.
That said, I will state that there are several bashers at the USEI board who clearly put others of us on the defensive---predictably. This is unfortunate to say the least. I'm always wondering what outsiders make of the bickering, nitpicking and shoddy handling we respecting investors tolerate---until one of our own is mysteriously swept away and the bashers are left to gloat. This image is the worst imaginable, imo.
USEI has me excited, to say the least. I'm watching progress right before my eyes and where there's some, there may be more. Looking at how much has already transpired in just five months, who can deny that Tony has been effective in numerous ways and USEI is infinitely enriched by developing opportunities?
I'll be venting more here than at the USEI board. I hope others will join me in this place for it can inspire a "friendly choir."
No wet rag intended but I find no choice. Most of what you say is predicated upon assumption. You assume that all of your copy and paste work is authentic. I'm not convinced that level of trust is deserved or even desirable. Things written are often exaggerations despite coming from a rational plane.
You're not understanding something here:
Any approved bakery can produce foodstuffs for other companies in an outsourcing mode. Fuller Brush may not make brushes but they sure sell the hell out of them, don't they? Any smart businessman today will seek out the least expensive DOABLE way in which to procure and market product. I believe Tony sees all this and more. We/USEI need not own a kitchen or even the rights to a kitchen. Formerly an energy-based company, USEI needs not pretend to be otherwise. But with smart management knowhow, anything can happen.
It is utterly ridiculous to yak ad nauseum about photos and kitchens. I don't believe for an instant that Tony intends to gear up and produce prepared foods. But I'll bet you he's already had Real McCoy packaging materials designed and manufactured and deliverable to the licensed kitchen designated the official Real McCoy producer.
My thoughts on the subject above.
I question if any of this even matters. Shares cost what they cost. They are made available and orders are executed by market makers. It is a fairly orderly market operating much like a huge soap bubble with more air in one end or another. There will be moments of compression and resultant burgeoning spots. We the buyers are never gonna be in control. But that hardly makes the others unilaterally the bad guys conspiring to do us in.
For some reason I don't find myself burdened by the grudges evident here. And I don't need to be, either. I accept what is and it is no different today than it was when I first bought shares in this company. I'm privileged to be a minority owner.
It would make little sense to get out if it goes up!
I sure hope you're right as many seniors such as myself depend on it for the income.
There may be deals existing between USEI and previously approved kitchens. This makes your point moot. There are probably many bakeries in the area, some of which surely would have made the appropriate application so as to be positioned to profit from new operational opportunities. MJ promises to be a hugely profitable business and investment platform. It cannot evolve as envisioned without forward steps embracing uncertainty. It didn't stop Columbus or Magellan and it will not stop Tony, I'll bet!
Well, it appears that Washington D.C. has been able to produce the required number of signatures. It's been announced that a MJ ballot item will be introduced in November. I have to laugh at the particulars, though. Leave it to the politicos to complicate things and force people to play the game, so to speak.
You decide:
http://mmjbusinessdaily.com/washington-d-c-to-vote-on-legalizing-marijuana/
Wonderful sharing on your part. Thank you so much!
With pending distribution secured, I sold off 3,500 CVRR units today. This strikes me as not the best time to chase refiners although I continue to hold NTI and a much reduced position in CVRR. There is also too much chop in today's market for any rational person. Of course I've never claimed to be such a person. And lacking conclusive guidance addressing the fire responsible for having injured four employees, I wouldn't be at all surprised to learn of very costly repairs and preventive devices being installed. All of this affects the bottom line.
So I'm staying more in cash than usual and hoping for less churn in the couple of months ahead. Surely there will be fresh income opportunities coming our way.
I appreciate that. Thank you. I hope I'm helping you!
CVRR is showing the weakness I've been expecting but it's a bit more vicious than I was thinking. And the $hit has yet to hit the fan because it hasn't yet sunk in to passive yield collectors that, "Hey, this thing is dead for ninety days going forward!"
Worse is that nobody knows the extent of necessary repairs due to the fire. And it's a thought in my mind that the company may have to tackle extraordinary steps to eliminate the possibility of further incidents such as just occurred. Such business can be quite costly and it invariably affects the bottom line feeding us.
In any case, I expect that the distribution may be halved or worse, come the next quarterly payout. The question I asked myself: "Is it worth committing cash today while we're in ex-dividend mode? Or should I just collect the divvy later this month as I'm entitled to and go to cash? After all, there's not a reason in the world to expect CVRR will rise from here until there's upbeat guidance. And then there's the crack spread which is really horrible. That said, I know what I've got to do."
Whereas I'd held about 4,300 units of CVRR, I sold 3,500. That's too much cash to keep in a major question mark. On top of that is the crack spread which ultimately determines the opportunity to make money in the refining sector, for the most part. And then but certainly not least begs the question: Are we truly facing a market-wide correction? I think we are in the early stages of one.
There you have it, my friend---at least from my point of view. I'm sitting on about $80K and although I'd love to have it working for the sake of income, I'm not about to feed my own ignorance regarding the near term future. There's a line I developed some forty years ago, it goes like this:
"When in doubt, don't!"
It continues to work for me. As for the loss of income because of reducing my stake? When I work up my year end tally, all will be much clearer. Things usually work out well so I'm not going to worry now about a future that isn't guaranteed anyway.
My best to you. It's always a pleasure to be able to help someone.
Yes. The SEC requires that shares open in an amount less than the stated distribution the morning the stock goes ex. This is designed to protect the interests of new purchasers, lest they unknowingly buy shares with an implied value already removed.
CVRR units/shares are down at least the 96 cents as expected. Because of the month-long anticipated down time, I think we will see units dropping several dollars over the next few weeks.
I would definitely not be adding at this time! Nor would I do so in the net month!! If I add, it will be considered only AFTER the company issues a statement declaring the impact on production brought on by the fire and guidance of any other sort as well.
This is far too difficult to read with any measure of accuracy at this time. For now I'll sit with my shares and wait and watch to see further developments.
It's a rough time to be holding refiners!
I was so proud of myself these past couple of weeks, selling off a third of my NTI and moving the money into CVRR. I sensed the NTI distribution would be low whereas CVRR enjoys greater throughput and I sensed the Q numbers would be really strong.
Well I was right but then the worst that could happen did---a fire immediately following the release of Q numbers. Thus we know units must open 96 cents down on the morrow. But over the next week to two, expect units to drop at least twice to three times that amount for production will be severely restrained in Q3. The word is that the refinery will be down for a full month. That means production will be lessened by at least a third.
I saw this last week and decided to stay put in CVRR. I'm not in this for the potential unit appreciation. It's all about quarterly payouts plus exposure to the refining industry.
So while I'd expect production this quarter to result in at least a third less payout, it should be as good as NTI's currently announced 53 cents.
Now, I just hope these opinions of mine prove to be close to reality.
It may be an error but Ameritrade has ex-day as tomorrow. They point to the 11th as the day of record but that's merely an acknowledgment for transfer agent bookkeeping services only. If tomorrow is truly the ex date, then units must open at 96 cents lower than today's close.
Yeah, the future is very bright but it'll take Superman with a big bunch of krypton bulbs in tow for those results to occur in just a few months. I don't believe those numbers. And notice there's no reference to gross revenues, gross receipts, net anything.
This is the sort of fantasy that creates negative backwash to the detriment of our budding company.
In my opinion.
Where are these ridiculous numbers coming from? There's no way I can buy into this and I'm as steadfast a USEI investor as you'll find anywhere.
Your source of info?
This is a pretty good read, imo. The focus is hemp which, as Zev believes, likely has a terrific future in the US once we get past some of the current legal issues. My take-away has to do with the incredibly high cost of entering the hemp business. Wouldn't it be something to find the US Dept of Aggy chipping in down the road apiece--with favorable tax incentives, low cost loans and guarantees and no-to-low cost insurances? And why not include futures-based sales of product?
First, though, we need to push our politicos so that this industry can really take off as an industry of the people for the people.
Here's the link:
http://mmjbusinessdaily.com/harnessing-hemps-power-a-conversation-with-chris-boucher-of-cannavest/
You need to know more about PSEC:
There was a flap arising a while ago when the SEC told the company they might have to restate earnings. The company fought back and actually won! When this story made headlines, I added 6,000 shares on the cheap in the $9.45 range, slightly above the lowest price available. There is no reason to think this will recur.
The drop into the mid-$9 range was a fluke, simple as that. If you like the stock, its sector, price and payout, then buy it but there's no chance you'll see it revisit lows brought on by SEC threats. Key here is deciding what matters most---a gap down advantage or regular income.
As for the income, the company has already committed to paying the monthly distribution through the rest of this year. This is a win-win, imo.
PSEC---Prospect Capital
Paying 12.44%. I especially like that this one is paying on a monthly basis, just over 11 cents per share. It's not in refining and therefore not subject to the same threats.
I'm also in NTI. Paying about 9%, less than CVRR, but CVRR will dive in a week or so because of the anticipated month-long down time due to the fire.
Good luck!
burn them shorts
You wouldn't say that if you knew what they'd smell like. lol
I've gotta hand it to the powers that be:
This is damned fine fun!
Some picks show little to no life while others step sideways for the most part. Granted, I've got a substantial loss here but my faith has not waivered. And now, as I eagerly await the forging of new relationships between USEI and others, I'm filled with fantasies of great possibilities.
Some may deny it but it's clear that Tony is all about connecting with others. Building relationships is how one operates in the oil field where many high dollar contracts need little more than a handshake to get the ball rolling. Do this two times and you will find two balls. Tony has a couple, I believe. And he's spent a lot of time in the energy biz.
Onward and upward, mates! Thar's a rainbow up ahead, just around the corner from Cloud #9.
This new board of ours has not yet peered beneath the surface of any particular stock in the MJ arena thus far. It's not a criticism, merely an acknowledgement of fact. I'm wondering if we're not a tad gun-shy for we know there will be gate-crashers attempting to weaken our unity? I'm ready to defend our home-advantage, come what may. What I'd like to do, then, is explore a few companies and hopefully we can sift through things, exploring for embedded value.
Here are four companies, each claiming to represent value to its investors:
1. QASP
2. FDMF
3. ERBB
4. USEI
For starters, it might be useful for those familiar with one or more of the above to comment on the overall investment-worthiness he/she sees. These four picks have been quite volatile much of this year-to-date. I'll say no more at this time as I really want to hear what YOU have to say. At the same time, I believe I know what each of these firms has to offer or not.
If we can reach a consensus of some sort on one or more of the above, it could lead to smarter investing. We've all been burnt before, and stand to be greatly enriched if we can sharpen our stock-picking skills together. I see no reason for people to suffer financial disasters if we can help spot them in time.
Thanks in advance for your input as I believe this is one way for us to share our experiences and investment style profitably.
Good discussion unfolding here. Obviously, a primary issue concerns the disappointing quarterly payout. What I'm hearing is turmoil as some of us try to adjust to the announced distribution which, despite coming in as less than expected, is, nevertheless, sufficient to keep us eating even if we can't afford to pay the light bill.
Expectations often do more harm than we like to admit. For this reason I try to view the larger picture all the time. I know what can happen when we snatch a great quarterly return only to find ourselves smacked over the head by reality the very next quarter. For this reason I'm not about to abandon Good Ship NTI in lieu of something else unless there are at least several compelling reasons to do so.
Nobody trusted WNR to treat unit holders fairly and many retreated to their own version of a show me state. Now that they see the 90% rule continues in place, they are returning to CVRR. This is probably what one should expect along with a slashed Q3 distribution despite the more handsome 96 cent payout forthcoming shortly. A month of downtime is a long time, isn't it? A third of a quarter will hurt.
So, my question to you:
I've got nearly equal cash invested in NTI and CVRR. Would you cash out of CVRR and hope NTI continues to offer 9%? Or stay the course with both, figuring CVRR will resolve its problem and get back on track either earlier or more convincingly through greater throughput?
Or should we be thinking in terms of reallocating altogether and perhaps stepping away from the refining sector in part or altogether? In truth, I've been doing just this as I view the refining sector as severely disadvantaged at present.
Looking forward to your ideas and opinions so have at it, please!
You distinguish this board as fluidly as any of us here as I've personally told you numerous times in the past. You are one of the straightest shooters I've seen in my many years of stock market association.
Attitude is really everything for we go nowhere without it. We've all seen what happens when bad attitude is unleashed, explaining why we are moving over to this board. Your steady hand and insightful eye are exactly what is needed here right now. As we identify true givers and acknowledge them unconditionally, we yield the right of way to others in the name of wholesome spirit and open acceptance. This is what brings on that sought-after flow of new ideas, opinions and these, in turn, promote a creative forum such as we all want. Those who would decry our call for decency and freedom from those with power and control issues are anathema. They are also slanderous and ugly in style.
So, I humbly thank you for those kind words. And now that I'm able to communicate via computer once again, I feel like I'm back ion the saddle once again with my playmates.
By the way, folks---the IHUB app for Droid Smartphone use is just about useless. Messages aren't numbered and it can take a half hour for a single-phrase response to transmit. Extremely frustrating.
Congrats to both of us! I just became your first "follower." You delve into news with a "thinking eye." By that I mean that you weigh things both surface and beneath, in order to ply value from within and bring it out in meaningful ways. That has strong appeal for me and I want to be sure you see how you enrich our board.
And congratulations to me as this is the first time I've gotten to be the first to honor a fellow poster.
There is much more excitement to come our way, I'm sure.
Very smart indeed!
Zev,
Here's a challenging one for you!
How would you characterize growth opportunities in the MJ arena when focusing solely on tiny companies just now entering the business? I know some of us are meaningfully invested in tiny startups and this begs the question:
Are we nuts to think our little guys have a fighting
chance? Continuity broached the subject earlier in bringing up the potential for big pharma crowding the scene. I'd like to think profitable deals can be made but an awful lot of Walmarts stand in the wake of deceased mom & pop groceries.
Your thoughts?
This is a great read! Love all of it except for the reference to prostate cancer (Cheech and Chong). Life isn't always fair and this guy who has devoted so very much to the emancipation of marijuana is another shining example.
I'm thankful that he is at least seeing efforts such as his are finally gaining important recognition.
I hope you'll post this at the MJ board launched by continuity. From written material to great photos detailing pertinent events at the Cup---all of it is important to those invested and also supporting increased freedom from pain through MJ medications.
As a supposedly seasoned investor, one would think I'd have steered clear of some of the recent MJ start-ups. But I've been an idiot many times before so I thought it might be interesting to present a couple of my ideas gone sour.
1. FDMF
On the surface this appears to be doing extremely well in terms of developing a really formidable business model. But taking a look at recent developments, I'm seeing irreconcilable chinks in the walls of Jericho. I won't go into detail at this time as the stock may not be on anyone's radar so why waste bandwidth?
2. QASP
This is Quasar Aerospace moving into the marijuana arena. I lost just a little money on this one, but over the past few weeks, shares have really crumbled to about half their previous value.
That's it folks---shoot me down for being a fool. lol I can take it and even laugh at myself. I got carried away back in February when all hell broke loose in the marijuana area, that's my only excuse, sad to say. Since then I've narrowed my field of vision and I'm comfortable with my choices.
If any of you have had dealings with either of the two stocks above, I'd love to hear your take.
In my defense, there is nothing to be said as I was a perfect idiot for sure. Some CEO's out there are especially proficient when it comes to being great salesmen. I think some angel dust may have been sprinkled on my brain when I first considered these two.
Any innuendo in the above is purely accidental and not intended to influence would-be investors on Earth or beyond.
There are problems with this company---$$ issues galore. Take a look at recent SEC filings. You'll see the company is compliant. That speaks volumes to me as it indicates that management wants to be in clear view. This is ordinarily pursued in an effort to remain credit-worthy and thus deserving of broader investment by would-be venture capitalists. I rate that very highly, indeed.
At the same time, how can I disregard the unbelievable increase in authorized shares when looking over bottom line events this year? About four billions of shares floating out there. And then there's the accumulated debt, also very high, indeed.
There's some stuff to like about this company but the merger in process makes it impossible to peer into the future. Don't get me wrong---I'm in favor of the company's proposed business model changes afoot which must result from the ongoing merger of two entities. But there's too many shares out there, too much debt and then there's the potential impact of 5,000,000 preferreds which may result in huge and as yet undetermined cost in the form of dilution to existing common shareholders. Preferred shares often are convertible to many, many shares of common. This amounts to incredible control over voting rights usually held by select management, typically the CEO.
Lastly, I noticed that all previously existing warrants and options are being canceled without recourse unless converted prior to the merger's taking effect. Warrants and options come with a caveat requiring that certain conditions be met. Most often this will mean that to convert a warrant, it cannot be exercised unless reaching a targeted price point first. Given that this company's shares are so meaningless monetarily, I'm not certain that warrant holders will be compensated at all.
For the uninitiated, warrants typically come as add-ons when an investor participates in a secondary (offering), exercisable (convertible) at a fixed price per warrant. When I see warrant and option cancelation without opportunity for redemption, I run.
Disclaimer: I love stock analysis when it helps someone gain ground or at the least---avoid pitfalls. My remarks herein are offered in the spirit of sharing some basic insights. I do not want to influence anyone reading the enclosed. By all means, if you like the company and believe it represents a solid investment platform, do as your heart, mind and instincts guide you.
To protect myself, I will add that everything above is reflective of my opinions only.
Best of good fortune to you!
The last post occurred in June. It appears to be a defunct forum.
There's a broad distance between an informative forum aiming to explore pertinent information of interest to investors as opposed to one devoted to analysis. Most analysis in penny stocks tends to be based largely on technical analysis. More experienced investors will argue against the "system" as it were while devotees will insist that it's all in the numbers and charts depicting history will invariably predict the future with unparalleled accuracy. So be it.
It's not for me to push my point of view so I won't. However, that board exploring analytic metrics don't seem to be doin' nuttin'.
Personally, I love stock analysis. Charts, leadership traits, very recent assessments of corporate energies and how/what/why they are expended? All of these add up to fascinating views of likely outcomes of our investments.
Why do you say this:
Don't know how to destroy this board. Once I figure it out, I will kill it.
I always thought things live as long as there is breath. When a board ceases to attract readership, it no longer breathes, simple as that. What we have here, thanks to you, is the beginning of what could become an extremely useful forum. I predict that this board will grow exponentially because many investors starve for opportunity to understand and grow their own perspectives. Key to all this is going to come down to the degree of manipulation foisted upon sincere contributors. If we can steer clear of this, we'll likely help many out there, be they investors, good people looking for new medical advantages for themselves and their loved ones, or individuals embracing radical changes already sprouting across this vast country of ours.
This board will succeed because so many folks out there need it.
Good luck to us all!
Not knowing if it makes sense to hold onto my CVRR units after the Q2 payout, I crunched the numbers. What I'm seeing is a distribution likely in the area of 74 cents per unit next quarter. That's not so shabby as it comes out to a yield of right around 12%.
Understood that throughput is expected to be around 170,000 daily, well under the 221 previously enjoyed. There are other items sure to influence, such as the crack spread, seasonal influences, global tensions and the ever-present fear of recession.
One thing for certain---CVRR did remarkably well lately despite the unexpected fire. I judge performance by the production numbers, not the occasional mishap for which refineries are severely blamed, as it happens however infrequently. And I'm thinking the company may exceed even its glorious recent past, marred only by the unfortunate accident.
I'm leaning towards remaining invested in CVRR.