RE:RE:Acquisitions Windsorguy
I have been preaching a price target of between $25 to $30 by end of this year on several occasions too. That was about 6 months to 1 year ago. The story today has progressed as I expected. It is nice that CI has been receiving all these significant upgrades over the last 6 months but the big upgrades today towards the $30 price range instills the belief why the insiders were buying with their own money as well as the company buying back their own stock. Twin engines of positiveness for any stock. You can't fake the positive attitude we have going with CI.
I also believe there is a strong shift happening from the overvalued to the value stocks and any good news stories here will only fuel that buying.
Hopefully some of the investors on this board took advantage of the seasoned veteran posts here who have been investing for a while not just on any stock but with CI in particular. The insider buys and company buying back their shares also gave you plenty of clues on how undervalued the shares were priced. My portfolio had a nice big boost over the last few trading sessions. It helps when you ALWAYS reinvest your dividends. The gains are so much more magnified.
We have much further to go gang. Be patient and pick any brief pullbacks in price to nibble away and buy a few more shares. We could see some temporary pullbacks or consolidation but the trend is definitely up. We have a very good Canadian company that will eventually be a global company. The wheels are aligning and the puzzle is coming together. Patience folks.
Good luck
Ron