Gordie

3 Comments

ON: Sun May 4th 23:24 PM
Commented on:
General Discussion on CHTT

I would be VERY careful with CHTT. Check out the extremely high short interest of 37% and you'll see why. The shorts are a smart bunch and right quite often. Don't invest your retirement money here. Look at Chattem's balance sheet, what's scary is 70 percent of their total assets are "intangible assets". Nice little company with many very good products but buyer (investor) beware!
ON: Sat May 3rd 02:12 AM
Commented on:
Why I am Closing Chicago Bridge and Iron

I took CBI's 1st quarter miss as an opportunity to ADD to my position. Foster Wheeler missed their last quarter and that also was a great opportunity to BUY. Infrastructure will be a good play for quite some time and isn't for day traders. Take your profits but buy on the dips!
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ON: Sat May 3rd 02:07 AM
Commented on:
Why I am Closing Chicago Bridge and Iron

I took CBI's 1st qtr miss as an opportunity to ADD to my position. CBI is a BUY. I wouldn't classify FWLT as a sell just because they missed their last quarter. The dip in price of Foster Wheeler would also have been a great buying opportunity. Infrastructure isn't for day traders. CBI will be a great play for years...take your profits but be sure to buy on the dips!
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