CVR REFINING (CVI): So far I've been more of the "buy and ho...

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michaelmerriman

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michaelmerriman

Re: mattp_160 post# 365

Thursday, 05/07/2015 1:53:25 AM

Thursday, May 07, 2015 1:53:25 AM

So far I've been more of the "buy and hold and let the divvies add up" type, but I'm aware that when I've clocked a decent gain sometimes it's good to walk away. What do you think would be a good spread for a trailing stop loss on this stock? It's just so volatile, I've seen it drop 4% one day then go up 5% the next purely on macroeconomic news. Daily highs/lows can have a super wide swing. Seems to be driven more by bipolar oil sector ETF trading than anything related to company performance most days.

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