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More on Cummins (CMI): This is the first news from the company since its slashing of guidance on...

More on Cummins (CMI): This is the first news from the company since its slashing of guidance on July 10 caused a brief quake in the market. Engine segment sales -2% Y/Y, with improved North American construction demand offsetting lower sales to China, Brazil, and N.A. energy markets. Shares +2.8% premarket. The conference call at 10 ET should be a good one. (PR)
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Comments (3)
  • PalmDesertRat
    , contributor
    Comments (3569) | Send Message
     
    took some cmi profits today at 96.46
    31 Jul 2012, 09:50 AM Reply Like
  • glssmrbl
    , contributor
    Comments (650) | Send Message
     
    Why? Your cost basis is great long-term. You may not be able to re-enter below 90
    31 Jul 2012, 09:57 AM Reply Like
  • PalmDesertRat
    , contributor
    Comments (3569) | Send Message
     
    I trade a position. for some of my positions I've been trading for 15 years or more. I really don't pay much attention to things like cost basis as everything is in tax-deferred accounts.
    31 Jul 2012, 10:27 AM Reply Like
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