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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
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To: The Ox who wrote (3515)12/15/2014 2:23:35 PM
From: The Ox  Read Replies (1) of 8288
 
CBI had slipped low on the radar but I'm going to put them on the reversal watch portfolio.

Message 29579613
The fact that the second time CBI dipped below $67 there was massive buying is very encouraging. I would guess there will be a lot more chop going forward but it wouldn't surprise me in the least to see this trend upwards.

I would also suspect that there will be plenty more "hit pieces" put out by the same firm, since they claim their target price is $30 lower. They knocked 20% off the stock in a few days and will likely be encouraged by this.


Probably time to look into them again....
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