CVRR hit $32 today up from $25 over last couple weeks
Two weeks ago when I suggested that Linn investors would be better off over the next 12-24 months owning CVRR with double the distribution of Linn I predicated my prediction on Carl Icahn controlling management. Icahn has one goal in life to make the most money possible when he finds a good investment. When Icahn took 4 million shares of CVRR I jumped in. In the last two weeks I have made a 25% return on CVRR and my Linn energy has no appreciation even though the stock market is up big time.
I am holding on to CVRR but might not have to wait 12-24 months for a 50-100% profit.
as CVRR stays over 30.00. As we all know nothing keeps going up in a staright line. So this profit taking is healthy and the consolidation is what we are looking for. I have taken profits 3 times already. GL