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You probably bought it because I said I like ANN better . Hey, if it works, what's wrong with that?
New-born,
I forgot that I asked you about them. Both good prospects, my search on many different sites showed BLUD a little more positive and I'm still kind of jumpy about retail. It was almost a toss up. Health seems a bit more bullish although these stocks have really whipsawed me with their volatility the last few years.
I like this morning as a great time to buy ANN. I jumped in.
They are selling the news. Same store sales projection was 3.9% increase;
it came in at 5.8% increase.
New-born,
Am still concerned about the big volume, but it is a good cup/handle. At what point would you advise getting in tomorrow? What should I look for?We don't want another down on volume. Wife said it is higher end clothes, I thought it was plus-size stuff. It would seem to be less trendy than either AEOS or ANF.
New-born,
Am still concerned about the big volume, but it is a good cup/handle. At what point would you advise getting in tomorrow? What should I look for?We don't want another down on volume. Wife said it is higher end clothes, I thought it was plus-size stuff. It would seem to be less trendy than either AEOS or ANF.
--------------billyjoe
I don't know what they sell; never been in any store or even heard of them until you posted the question. I just buy/sell charts.
I bought because I could see that the candle today was bullish. This is not necessarily a buy and hold for me. I am buying to scalp and leave. I may hold since the weekly is bullish. Today's action shows a Long lower wick with good upside movement. A put was only $.50. So for $.50 or less you can protect yourself and look for excellent upside movement on a good earnings report. I thought it was worth a shot.
Whenever you have bullish charts like this you can often have some shakeout like we experience today.
Entry tomorrow? After the stock moves higher than today's high. Then enter.
just thought i would throw them out there.......as for what u are saying about the option chain....i know what u mean...but just food for thought....remember HANS....!!!
just thought i would throw them out there.......as for what u are saying about the option chain....i know what u mean...but just food for thought....remember HANS....!!!
Let's look at HANS. What a high flyer is was just a few months ago. Oh how the mighty have fallen! Still hasn't settled down after that awful fall, and now has another gap up that needs to be filled. My guess is that gap up was due in part to short covering. Still, $28 looks like a nice entry.
Hard to beat this company's profit margins, revenue or earnings growth. Hurricane season is over. Maybe we get a short-term pullback, but that's not what the chart is saying. Fundamentally sound.
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