COSI: Starbucks in the rough? Message Board

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Non-Tech : COSI: Starbucks in the rough?

COSI 0.0285

-24.4%

Oct 7 5:00 PM EST

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To: Hawkmoon who started this subject	3/26/2004 9:35:57 AM
From: Hawkmoon	Read Replies (1) of 23

Wow!! COSI showed incredible strength yesterday!! I was simply amazed that it didn't sell off harder after peaking at the top of the Daily bollinger band (which stretched amazingly high in the past several days).. This seems to confirm that the shares are still being tightly held by investors since the volume was slightly above 230,000 shares traded. Makes a bit angry that I exited prematurely. But the chart still indicates an overbought condition and I'm looking for the opportunity to re-enter at $4/share or so. bigcharts.marketwatch.com bigcharts.marketwatch.com A retracement and consolidation would be healthy for the stock and encourage more investors to provide support awaiting the next step.. Still unsure as to why COSI management seems to feel the requirement to reverse split the stock 4-1, as I recall was voted on back in December.. Hopefully this issue will be rescinded and the shares permitted to perform on their own. It's the one thing that still makes me leery of long-term ownership of the shares. Overall, COSI has been one of the more successful TA predictions in some time... Hawk

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