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

To: Paul Senior who wrote (59553)	6/28/2017 10:20:03 AM
From: E_K_S	Respond to of 78958

Chicago Bridge & Iron (CBI) Surges: Stock Moves 39% Higher The move came after the Delaware Supreme Court ruling in favor of Chicago Bridge & Iron stating that the company does not owe $2 billion to Westinghouse Electric Co. on its final purchase price. --------------------------------------------- Stock up big on this news as this was a drag on the company especially if they had to pay the damages. I am still uncertain to the way the company accounts for new jobs/back log and if books are accurate or just may/could be over stated. Always a difficult decision as the stocks falls into a significant value range as shareholders sell. I do like the sector and have owned CBI in the past but have learned it is better to just avoid. My last position in CBI, I did sell @ $47.00/share 7/2015 . . It would have been a huge loser if I held those shares. EKS