11-26-25:They changed their name in May from Bancolombia S.A. to Grupo Cibest S.A.. I suspect it was to distance themselves from investor prejudice, and it seems to have worked. The current price is almost 20% above analyst estimates. In normal times, the 7.83 Forward P/E would have me cautious, but these days that is practically even money. As a bank that has more assets than debt and margins that are through the roof, either this is the best investment ever, or someone is going to jail. Keeping an eye out to see which. If I had real money, I might by more. I don’t.
02-20-25: Low bell rang. New year, new strategy. Raising the drop alert to $40 to review things then, since I have made my principal back on this one.
12-03-24: Really close to tripping my below alert. Today I lowered that to $25 to consider a buy and upped the over bell to $42 to set a trailing stop.
01-05-24: Tripped my JStock above alert today. Setting above and below alerts higher to determine if dump and come back at next big dip or if it keeps climbing to set a stop loss.
09-10-23:I have always been aware of the limitations of my memory. Mine is not better or worse than average, I’m just aware. If I need to remember to take something with me, I put it by the door. The most frequently used app on my phone is Google Clock, for the alarms. And my Outlook calendar looks like a Tetris™ screen. Today it reminded me that CIB tends to dip in October. I already had a watch in JStock, so just posting this to remind myself why.