Research analysts at Deutsche Bank raised their price target on shares of Chicago Bridge & Iron Company (NYSE:CBI) from $51.00 to $61.00 in a report released on Friday.
Management has zero interest in shareholder value.
Just look at the MASSIVE stock-based compensation expense reported vs. the trivial dividend payout.
CBI is a disgrace....STOCK GETS CRUSHED!
Every little spike will get dumped huge.
CLDN is getting liquidated.
Headed for a new post pump & dump closing low followed by more massive selling next week.
CLDN management? AWOL!
CLDN is classic penny stock junk that was only created to provide wealth to insiders. It will nevere sell anything.
Stock will be worthless a year from now.
Shorts (a sector staggering 14% of float) and puts (take a look at July) stepping on the throat of CBI.
Management just not aggressive enough about shareholder value to shake them loose and big money investors have years to sit back and wait.
Result? P/E under 10.
Target price of $62+ but not until 3rd qtr.
Shorts still crawling all over this thing despite earnings.
FLR, JEC et al don't have this problem and that is one reason why they are trading at 2X the multiple of CBI.
Initial reaction not good in AH. New CFO needs to step up.
Geez...Nothing these guys report is ever good enough despite having the lowest valuation by far in the sector.
Forget tom., next week will see which way this thing is really heading.
Check back at the end of the day, next week, next month...etc.
qURE is a winner while CLDN is a fully exposed stock dumping sham.