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pete807

01/26/15 11:15 PM

#317 RE: michaelmerriman #316

It is clear these MLP refiners are misunderstood by the mainstream services unless there is something else driving their published opinions. Makes no sense. This one clearly swung too far and fast with crude. I have been thinking buy buy since the latest steep drop to 14, but had to wait at least 30 days from my year end tax loss move to avoid the wash sale rule and get back some units. I have plenty of time before they announce Q4 numbers to pick off some good dips. I think this is a $25 stock, maybe not real soon but it will prove to be a good parking space from here. CVRR should award us doubly with decent distribution AND appreciation. All this while many C corp boards award themselves huge bonuses for mediocre performance and pay little or no dividend to the investors. I agree with Mr Icahn who says many of those big corps are being mismanaged by their boards and he has good reason to be an activist. MLPs have been very good buy and hold stocks over the years.