CVR REFINING (CVI)

[jugs]

I have traded CVRR numerous times and made out well. This has not been the case over the past couple of years, however, as I sensed decay in the well.

The last year and a half have not been kind to CVRR unitholders and I last held a position thinking there was opportunity for profitability. I saw the handwriting, though, and sold off without blinking an tearful eye. I was convinced I-Con was about to sell us out. As I see it, that's exactly what he did!

CVRR is a pig in a poke for sure, I see nothing but cloudy skies ahead regardless of political changes ahead. Some blame it on RINS but not me. After all, I-Con could have hooked up with retailing opportunities but didn't. That tells me loudly and clearly he is not preparing to resolve the company's dilemma if, in fact, he even considers it problematic.

I view the guy as a bucket of vomit looking for immediate gratification. It may be a condition of his age as he probably seeks near term gains and not mid to long term ones. But he nevertheless has an understood obligation to serve his investors. I have not seen his regard for them.

I hope this helps you!