CIB ==> The Perseids Winner!

[jiesen]

Sold CIB today

CIB hit my 24.9 limit this morning, so I'm out with about 14%. Looks like it's on its way up to 25.2 as we speak. Thanks for this excellent pick, $$MM, now get ready for another HUGE winner!

[diogenes]

CIB hit my 24.9 limit this morning, so I'm out with about 14%. Looks like it's on its way up to 25.2 as we speak. Thanks for this excellent pick, $$MM, now get ready for another HUGE winner!

Well, great, just great.
I must have entered my stop wrong and sold cib for an 8% gain... yet it could be worse.

[mooddude]

This stock was a great IBD candidate to buy at $22.54 pivot point. It's best to hold it beyond 15%.

[jiesen]

25.4

CIB is ripe for the picking now, sitting at 25.4!

[B.J]

I hope $$MM$$ is sitting at his computer this time

[mrmarket]

I hope $$MM$$ is sitting at his computer this time

Actually I was out playing golf all day. If CIB does what TOL did, it could turn out to be an expensive round.

[sisterwin2]

I jump in on this at 22.94 and this time put an sell stop on it. I will hold out for a bit more then 15% take. Have to make up for my stupid mistake on pesi.

Good luck all.

[mooddude]

MM: So you bought CIB, waited through the double-bottom base and going to sell it right after the breakout? Well, it didn't violate the breakout. I understand your target is 15% but this could be more. It was a good pick anyway.

[skiracer]

Sisterwin2,
Nice job with this play. I was pretty harsh on you the other post about PESI an only meant it in a good way. Don't be greedy but take what you can get by always insuring and protecting your gains with a stop or trailing stop. I think that $24/24.50 range would be a great area for a stop at this time. It protects your gains insuring a profit of between $1.79 and $2.29 without getting you to close to getting stopped out if it consolidates some within the next couple of days. If it continues to go up I would move the stop up accordingly tomorrow or the next day to insure those new gains. Great play and good luck. Learning to use the stops correctly, not being to greedy, and accepting the good fortune of those gains an if you do get stopped out accept it, let it go and begin looking for the next winner,, while trying to grow those gains will make you wealthier and a much better trader/investor. Good luck.

[sisterwin2]

I didnt take your post as being hard.... I always learn the hard way. have been that way since I was a kid. I thank you and all who post here. I have learn alot just by reading. I will move my stops according to what happens. I am lucky that I get to check in while at work a few times daily.

Not looking forward to the hard knocks but I am having fun..

Thank you all,
Dena

[skiracer]

I posted this chart for you but placed it on another thread by mistake. It was supposed to go along with the last post. I really like the play from your initial entry. Very good.

[ricofrans]

Why Mr. Market hasn't sold it?

CIB is now above Mr. Market's target price of 25.2.
Why havn't seen the email from him?

[jiesen]

Actually I was out playing golf all day. If CIB does what TOL did, it could turn out to be an expensive round.

because he was golfing today instead of sitting in front of a computer like the rest of us losers.

[New-born baby]

Double loser

because he was golfing today instead of sitting in front of a computer like the rest of us losers.

He lost at golf, too.

[mrmarket]

because he was golfing today instead of sitting in front of a computer like the rest of us losers.

LOL....I shot a 105 but I probably hit 10 fairways and had about 6 drives of 275 yds or better.