I believe that patience in the wake of a strong company with improved fundamentals including low PE and increasing revenues and backlog will continue to have its pps rise. CBI went down to $5 and change I bought some 8 and at 12...it fluctuated but look where its been since and even at yesterdays close at 17+, buying here is not a bad idea...you know its a 30+ stock you just cannot say when so you hang out and get the dividend and watch it grow...JMHO.
That was my heading from Nov. 27th. I am frustrated also. While the market seems heading up, it is almost as though the stocks from the coal. infrastructure grooup ate trending down. It seems as thoght the funds are dumping their winners. Strange. I can't seem to otherwisw explain the action of the stock. I bought just days ago at 19.76 so I'm in the hole. CBI is announcing many contracts and is still going down. Does anybody have a reasonable explanation? Thanks.