Replies to post #295 on CVR REFINING (CVI)

[michaelmerriman]

I don't think the discount is sustainable, but if anyone is looking for some writing on the wall in the macro sense, this oil-price bust does reflect investor concern over global demand, and the strength of the dollar right now will affect US multinationals' overseas earnings as reported in USD, leading to some serious disappointment. I'd be very surprised if the bull market makes it to 2016.

But when the only investment vehicle with a decent yield is securities where else can you put your money? The only move is to make sure you BUY 'EM CHEAP.