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Chicago Bridge & Iron Company N.V. Message Board

  • firstcltrlvr firstcltrlvr Jul 31, 2013 3:22 PM Flag

    Why Is CBI Selling Off??

    It was up over $61 and the market wasn't as strong.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Just too little too late with revenues and growth, shrinking quarter over quarter. Overall, GDP and jobs numbers fudged; they changed formula to make GDP look good and those jobs numbers don't add up. Bernanke is probably going to start shrinking back QE, you know what happened the last time we thought he would. Other than that, the market is in a #$%$ season and we are going into a downturn. We will be correcting maybe 10 to 15 percent some think. We don't know who will be Fed chief next; Congress doesn't want to go along with tax cuts for the corporations (?!) So where does that leave us. Well, I wouldn't get too excited about the markets at this point. My two cents. Now that I've stuck my neck out and said that, I could be proven totally wrong, but I don't think so.

 
CBI
85.72+0.2100(+0.25%)11:17 AMEDT

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