CVR REFINING (CVI)

[dubbya]

I saw your previous comment on MDR last week. I had taken a look at it a few months ago when I was looking at offshore rig companies but panned it. Something about a big contract(s) at the time that had razor thin margin(s), as I recall. It might have been mentioned in an SA article. It has a high short ratio too (11.5).

Their debt is moderate, they have good free cash flow to service it so they should do OK long term when the sector turns around, but I would consider it dead money for now if their margins on contracts are indeed thin.