The impressive equity appreciation story with Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, continues, as the stock is testing psychological resistance at $40. Further, obviously, if you haven't already, if you're in at/near $7.31 or at a dollar-cost-average below $14, now may be a good time to consider taking some profits off the table with CBI.
However, those investors who can tolerate the risk can maintain their full position to go for a possible larger gain, as CBI will likely trade above $45 by the end of 2011.
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