Is down nearly 4% last five trading sessions. I sold half my position this morning
thinking the refinery shutdown will be prolonged after four workers were severely burned.
yahoo cancels MB links. Do a search for Coffyville refinery, quite a few articles
Since Sept/Oct are the normal turn around months for refineries to switch to winter grade fuels and make
needed maintenance to plant, CVRR Coffyville may be down longer than original estimates. This could
significantly impact distributions for CVRR. Fiber optic unit controls were damaged by the intense fire and
require total replacement, recalibration and testing. Safety measures are being added after the fire burned
four operating employees. Plant & Liability insurance cost will probably go up due to frequent mishaps.
I sold half my shares this morning, anticipating new lows for CVRR.
That's why three board members resigned when they learned L&L was all SCAM ! Is more than a forged
signature; the plot thickens, like Bernie Madoff.
no one is keeping track of shares anymore...hey, do you want 1 billion shares, no problem suckers!
yes, when interest rates start to rise slowly, the fixed rate bonds will take a hit downwards.
The will still keep rates low so the government can borrow cheap and screw retired people and those who save their money
you are down 6.4% from $21 at $19.65 close today. I know you won’t sell for a loss, but you are down if you have to sell. That’s why I will wait for 1-2 years for a low price and keep cash for another big market drop. You make your money when you
buy and you realize your profits or losses when you sell.
I am expressing my opinion to any new investors here that the price is high to buy in now. You want to shut my opinion up by calling me a ‘basher’, well that makes you a ‘constructive pumper’ doesn’t it !
not bashing. FFC is a better buy in $16 - $17 price range. Have been in this for years and I
get creamed when I pay a high price here. Grow up and be real instead of pumping an income
fund dude !