We're all here for the same reason. However, to be candid, I bougtht CBSH as a hedge to protect some nice profits I made in Tech's last year. And frankly, it has performed fairly well in that respect. But I can also say, that when it hit 35 last wk. I was actually under water from my buy in, back in Oct.
Joe, I do want a better return in 6 months--and I'm sticking around because I believe I'll get it!
Any comments on the material in "NOTICE OF ANNUAL MEETING OF SHAREHOLDERS" (sec. VII?) Since I don't have the prior yrs report, I couldn't tell if this was just boilerplate or something significant.
" ...the "Friendly Fed" and Healthy midwestern economy have helped trim our little nugget of about 10% of its share price. Pardon me if I dream about mergers, Joe, I'm not a Kemper and to this point I'd have a better return had I bought one of the bank's CD's...."
So over the course of exactly a week and a half you are forlorn that CBSH has fallen 10%? Why are you in stocks?
SLIGHT ADJUSTMENT TO PREVIOUS POST THAT READ : Expect a runup to $49 on the weeks of Mar 26 to May 25. It's all in its beautiful chart. Our calculations see that at the best there will be an intraday high at $47.5 between Mar 26 - May 25. Welcome to technical analysis from beyond.
With the 2.78M+ share buy back authorized on Feb 2 we should be returning a large number of shares into the corporate pool during this time. That must be what's driving some of these high volume days. CBSH will certainly come through this period a much stronger institution!
That should help us see that 47.5 intra day high that you're forecasting.