The Super Terrific Happy Hour

LOL, GES just wont cooperate, usually a bad sign, but im holding a thousand shares over night as a marker for tomorrow morning in case it gaps down i still have a better average.

It doesnt look like this trade is working i should probably just cut it here, but i really think GES and ANF will crack tomorrow.

Worst case I have a hard stop on GES at 16.21 and i will finish down roughly the 150 i initially lost if that happens, otherwise im holding overnight.

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Another scratch, lol, but CBI honestly feels like it will crack the .50's the buying happening on that thing right now is not normal someone is either piling in long or anxious to get out of a short.
 
Max E. said:
Another scratch, lol, but CBI honestly feels like it will crack the .50's the buying happening on that thing right now is not normal someone is either piling in long or anxious to get out of a short.
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Hurricane play?
Large short interest too.
 
vanzandt said:
Hurricane play?
Large short interest too.
More...


Yep i think youve got it, thats what it is.

I was trying to read their company profile and here is what i got, good fucking luck making sense of this for most people.

WTF does the first sentence even mean? I almost want to short it just because of this sentence, if someone came to you as a venture capitalist and that is what the way they described their companies process, not only would i not invest in them, i would also call the police cause it sounds like a fucking scam.



Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide

Description
Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide. It operates in four segments: Engineering & Construction, Fabrication Services, Technology, and Capital Services. The Engineering & Construction segment provides engineering, procurement, and construction services for energy infrastructure facilities, such as upstream and downstream process facilities for the oil and gas industry, as well as liquefied natural gas liquefaction and regasification terminals, and fossil electric generating plants for the power generation industry. The Fabrication Services segment is involved in the fabrication and erection of steel plate structures; fabrication of piping systems and process modules; and manufacture and distribution of pipes and fittings, and engineered products for the oil and gas, petrochemical, power generation, water and wastewater, mining and mineral processing industries. The Technology segment provides process technology licenses and associated engineering services and catalysts for use in petrochemical and refining industries; and offers process planning, project development, and aftermarket support services. The Capital Services segment offers integrated maintenance, environmental engineering and remediation, construction, program management, and disaster response and recovery services for private-sector customers and governments. The company was founded in 1889 and is headquartered in The Hague, the Netherlands.
 
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I do not think CBI fundamentals are so clear. Stock was originally down
because it was thought they would need to pay a huge arwbitration award
from nuclear reactor cost over runs, but CBI mostly won the arbitration.
The possibility of bankruptcy efected their steel construction business and
customers. CBI steel construction business could recover and generate
good profits. Retail is a much better short in my view.
 
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