Seeking Alpha
  • CDM Capital
    $CTB hitting 52-wk lows after Delaware court dismisses appeal.
    12/16/13
    Reply (6)
    • Qniform: I'm so glad I exited this one (for the 2nd time). I was in for a week in October but it's just too scary when the company is so inept.
      12/16/13
    • CDM Capital: Agree, a few well respected SA writers wrote very bullish pieces on $CTB. We thought any Arb profit represented significant downside risks
      12/16/13
    • Qniform: Well, it was very bullish - until it wasn't.
      12/16/13
    • Qniform: I had bought in early summer based on value. I got lucky with the merger announcement and sold. Bought again at $24 based on value.
      12/16/13
    • Qniform: But deal failure started to be likely, and the price will certainly suffer. It will be a great buy sometime soon, I think.
      12/16/13
    • CDM Capital: I agree Qniform, at some point it will be a great buy. Perhaps below $20 or so, have not done a lot of work on the name though. GL to you!
      12/16/13