TheLion.com - Forum

Date: 02/19/2012 22:36

Forum: Wall Street Pit - Msg #2239747 - List CWTR msgs

Thread #673355653 (Rec: 0)

Re: Wants to test that $1 resistance. CEO and Founder added 10 Million shares...

I hear with my own ears comments from "It's my favorite store", to "the clothes are ugly". I know some would consider Hott Topic clothes ugly so the word "ugly" in regards to fashion is 100% subjective. I do know one thing. They have PRIME UPSCALE LOCATIONS. To be blunt, where the money is at. This season lines where obviously a miss, but next line could be a hit but the stock has" priced in " SPRING'S line to be a DISASTER. No positive is factored or expected in the stock price.
PIR and KIRK are good examples of why it ain't over until it's over. They both were hated. People said "who needs their crappy home furnishings". I certainly thank them for scaring everyone out. Sectors rotate, whats hated will be loved again. Always have, always will.
Fact is Dennis Pence's Gonads are second in size only to Sheldon Adelson of LVS. both run the companies they founded. Both own huge percentages of their prospective companies. And both stepped up to buy when the street hates their stocks. Time will tell if Mr Pence will be as right as Mr Adelson was.

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Reply to stocktrader22 - Msg #2239693 - 02/19/2012 08:43

Re: Wants to test that $1 resistance. CEO and Founder added 10 Million shares...

What is going to save this company? It's great that the Ceo bought shares but I don't know one person who shops here. Their losses are huge and sales keep falling. I haven't seen or I'm not aware of any turnaround plan. How do they plan to create sales and profitability again?

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