You might look at NGL's movement today. What we've been seeing is sometimes referred to an stock compression. This is a term pointing towards a stock that's been held down for a time due to circumstances not necessarily operating together yet nevertheless produce a one-sided effect.
Forces have been suffocating NGL for months, dating back to April of this year. It had become a poster child for investors needing to vent out of frustration.
Seeing the compression factor, I loaded up on units despite jeers coming from some, particularly at Seeking Alpha.
The worm has turned and balance is returning.
Take a look at NGL if you haven't already.
And thanks for venturing forth in less familiar territory. We all gain through the sifting of sands to be found on an ordinary beach.
Recent CVI News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:20:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/30/2024 08:25:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 09:13:56 PM
- CVR Energy Reports Second Quarter 2024 Results • GlobeNewswire Inc. • 07/29/2024 09:09:43 PM
- CVR Energy to Release Second Quarter 2024 Earnings Results • GlobeNewswire Inc. • 07/16/2024 12:03:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 08:18:44 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/17/2024 08:31:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:26:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 09:03:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:29:23 PM
- CVR Energy Provides Update to Operational Statistics and Financial Information for its Petroleum and Renewables Businesses • GlobeNewswire Inc. • 05/14/2024 08:19:18 PM
- 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
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