Oil up 6% and CBI can't even dead cat bounce off a recent 20% crater?
Get it yet?
CBI stock is just a number and the big boys have decided that number is going to get smaller and there is nothing that can be done to stop the drop.
Short at will for months.
Ya....What's another $billion mistake thrown on the pile?
CBI is done.
Stock is in death spiral mode which could lead to debt issues and the big BK.
Seen it before.
2nd part of the joke....EVEN FUNNIER!
Motley "small investors are" Fools...
Despite the Energy Carnage, Now Is the Time to Buy Chicago Bridge & Iron
CBI may have been unfairly lumped into the broad-based energy selling.
Chicago Bridge & Iron (NYSE:CBI) was founded in 1889 and brings more than 125 years of experience in its industry. The company has built itself into a large multinational conglomerate in engineering, procurement, and construction, with a specialization in energy infrastructure. Recently, we've seen anything energy related get shellacked in the commodity-price meltdown, and CB&I is no exception.
Because of the selling pressure, shares are more than 50% off their highs in early 2014. But CBI may be getting unjustly compared with the rest of the sector, and the company continues to see increases in revenue and cash flow on the back of a commodity meltdown.
Let's examine, then, four reasons why now may be the time to buy CB&I.
FEB 10, 2016 | 08:44 EDT
After Chicago Bridge & Iron reported higher than expected Q4 EPS and provided higher than expected fiscal 2015 EPS guidance, Sterne Agee is upbeat about the company's outlook. The firm says that the company is benefiting from strong new order trends, primarily in the natural gas sector. It recommends buying the stock at current levels.
Right....So that must be why the stock is cratering again to new lows. BIG BOYS ARE DUMPING!
Earnings slashed, revenues slashed, dividend suspended....
One or all three coming soon?
The street already knows.
Looks CBI is headed back into the teens.
Can you hear management yawning?
Don't blame the market. CBI has been crashing since May of this year.
MANAGEMENT is the problem that is causing CBI to trade at a huge discount to the sector and giving it a MASSIVE short position.
Until they change the guys that make Billion $$ mistakes while giving themselves huge compensation packages while doing it CBI stock is dead.
Going MUCH lower!
Massive liquidation about to hit hard and drive it to the teens.
Business is COLLAPSING!
We did warn you.
Getting dumped right into the close after being the weakest of the weak all day.
New lows coming.
Zero support at any level as the big boys liquidate their positions.
$25 and then even lower.
CBI is garbage.
no matter what they report, how many contracts they get, or how HUGE the sector is rallying.
CBI has been thrown on the junk stock pile and will never recover.
SHORT AT WILL!