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To: The Ox who wrote (3515)6/20/2014 9:36:41 AM
From: ItsAllCyclical  Respond to of 8288
 
I think CBI can get back to 80+ post earnings, but also think it could be challenged especially if earnings come in light or cash flows are weak again. Agree w/your take. I'm even around 73.5 so around those levels (or close to) may just bail and be opportunistic if low to mid 60's seen again.



To: The Ox who wrote (3515)12/15/2014 2:23:35 PM
From: The Ox  Read Replies (1) | Respond to 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....