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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (54049)6/17/2014 3:19:44 PM
From: Asymmetric  Read Replies (1) | Respond to of 78673
 
Chicago Bridge and Iron doing an impression of a waterfall.

Article on Seeking Alpha alleging indigestion with their Shaw
Group acquisition and serious accounting issues, and predicts
CBI will have to take a huge writedown on the goodwill carried
on their books:

seekingalpha.com

I'm not an accountant and have a small position in CBI, and
made some money on them in the past.

Would you or anyone else on this thread care to make any
comments or have insights into the issues this report raises?

- A.