DNR - Denbury Resources: Adios Senor But I Will See You Again Soon

I have had a back and forth relationship with Denbury Resources (DNR) over the last 6 months.

In November last year, I recommended buying DNR at $.98 and wrote an article about it for my subscribers called "10 Reasons Denbury Resources Is A Good Investment". Then on December 22, I published it on Seeking Alpha. But by the time it was published I had already sold DNR for $1.48 for a nice 50% profit in less than a month.

Here's how I described it to my subscribers:

"We're up 50% in

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