SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Armstrong who wrote (4417)2/9/1997 9:52:00 PM
From: JERRY GACH   of 6124
 
Hey guys and gals,

I submitted Ames Department stores several weeks ago when it was about 5. It just hit 8 3/16 after reporting 16% sales increases (10% same store). It even made the Motley fool as a turnaround, as this company was in BK in 1993.

For the short term I am not suggesting buying this on Monday as it has gone from 1 to 8 in the last year and may take a breath on Monday after the recent run up. What I would suggest is watching for a dip on this one, as it will eventually retrace. This stock is severly undervalued and even if you were to catch it a little high, you should make it up relatively quickly.

This is not a small time company...USA's fifth biggest retailer, with over 2 Billion in sales. No hype....just facts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News