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To: The Ox who wrote (3488)6/13/2014 3:41:25 PM
From: ItsAllCyclical2 Recommendations

Recommended By
Justinfo
The Ox

  Read Replies (1) | Respond to of 8239
 
CBI - Last Q they missed estimates by 23%. Supposedly some delays in orders and other things of a 1 time nature. Perhaps some nervousness that if it happens again we could see a price in the mid 60's or lower. Probably won't add more unless low 70's seen or it starts to stabilize. When TA and FA clash I should listen to the TA.



To: The Ox who wrote (3488)6/16/2014 2:13:09 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 8239
 
CBI - Looks like a ST bottom may be forming. Would expect a move back to 76-77 and then maybe a retest of 73-74 in a few days. Plan on lowering basis if we ramp to 76+. Prior ST low in Feb didn't have a retest, but was a different market then. Added more this morn sub 74 per original plan. Let's see if I'm getting too greedy...