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.
Non-Tech : Genesco (GCO)
GCO 28.51-0.7%10:14 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CHRIS LINELL who wrote (6)4/4/1997 12:17:00 AM
From: Steve Rawe   of 66
 
Chris,

Is the stock going to the moon, or headed down again to the valley? Regardless, I decided to sell my holdings at 11 a day or so ago, figuring pigs get fat and hogs get slaughtered.

My original target, 12, may not come to pass this cycle.

I called the business office and talked to their investment relations people, and was told that the common stock does not pay a dividend! (That answers your 1/28 question, I guess.

So, my strategy is to take my profits now, and if it goes on up, I still have them. If it goes down to 9 1/2 or so, I'll jump back on.

The gyrations of the market are really testing the quality of stocks. This one seems to buck the trend, however, which is good. That might attract more $ to it.

Good luck,

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext