Open Question
What people's opinion of CMI? This is one I can't figure out. There appears to
be heavy resistance at the $74-76 mark. I thought yesterday's earnings and
upward guidance would be the catalyst to push it up over the resistance. The
initial surge was good but momentum slowed after the first 30 minutes and the
stock continued to slide back down and has done so today.
I have not listened to the conference call, but was something stated that
spooked investors? Since 10:00 yesterday it has been down hill from $75+ to $67
a nice 10% decline.
No answers



