Selling Commerce Bancorp Inc.

dots Posted on November 10, 2005 , filed under Stocks | Print This Post

I purchased 1000 shares of CBH, Commerce Bancorp Inc. at $28.87 on October 6th, 2005. I sold 1000 shares of CBH at $32.00 on November 10th, 2005.

My profit was $3128.66 or 10.84%

My target sell price was matched much faster than I expected. I posted this analysis on October 6th, 2005. For investors still holding onto CBH, I expect to see the stock break $33 within 3-6 months and $36 within 6 months-1 year.

Symbol: CBH, Commerce Bancorp Inc.
Intelligent Investor Strength: 7
Chart Strength: 8
Speculation and Greed Strength: 8

RawGreed Strength Rating: 7.75

Target Buy Price: under $29
Target Sell price: $32 within 3 – 6months, $35 within 6 months – 1 year.

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