Yesterday, they downgraded CBM.....
100% wrong Zacks...
They force you to dump when big traders will buy, and they force you to buy when big traders need to dump and they need sheeps to sustain the price.
SAlpha + MFool + Zacks = G*A*R*B*A*G*E!!!!!!
Bottomline: CBM beat estimates of *****+100%.******
I saw that Zacks had downgraded this stock just before earnings and considered dumping myself however their rules state that a stock will be downgraded from a 1 to a 3 if there are no estimate revisions to the upside withing 30 days. Yesterdays volume was low with shares trending down for the entire day so I decided to stay long. Bollinger bands were very tight for the past so I expected a big move and got lucky. Don't be surprised to see CBM as a Zacks #1 within the next few days as estimate revisions will all be on the + side.
"Don't be surprised to see CBM as a Zacks #1 within the next few days as estimate revisions will all be on the + side."
Well, after estimates beaten of a +100% in EPS and EDIBTA guidelines for 2013 rised by the BOD itself (see quarter Sec finilng 8-k)..... they have to upgrade the stock.
More over, in 2013 CBM is supplying one more (or two?) new phases 3