CHRS - CHARMING SHOPPES (FASHION BUG STORES) Message Board

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Non-Tech : CHRS - CHARMING SHOPPES (FASHION BUG STORES)

CHRS 1.545

-3.4%

3:59 PM EST

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To: Doug R who wrote (86)	5/14/1997 7:27:00 PM
From: Instock	of 128

Doug: How does that chart look today after the blood letting? I guess there is support around $5.40 , but who wants to be there?? Unless of coarse a person is wanting to buy, then its great. At the current price, those who bought in from the Business week story are going to be tempted to sell and thus puching the price down more. I quess on the other hand, those who thought they might want to buy could see this price as tempting. Let us know what the chart is saying. That big 250,000 share sell really took the wind out of the sails!! Did you get a chance to look at the chart and see that 250,000 share trade followed one min. later by another 250,000 trade? Looked like the first was a sell and the second a buy. Do you have any Idea what that was all about? Thanks again! Later

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