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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: StormRider who wrote (699)11/20/1997 8:07:00 AM
From: Steven Angelil  Read Replies (3) of 971
 
Well, we've officially hit a new low with this earnings report. 4-5 cents under with absolutely nothing to hang one's hat on. The question is, will support hold at 5 1/2. You always hear those guys on CNBC saying that a stock is "washed out" and that all bad news is already factored in, ie. SEG. Bad, bad news yesterday, and the stock was barely down. I knew I should have gotten out at 8 that day they last reported bad sales. I've hold this dog over a year now, and boy was that the wrong thing to do! Good luck to anyone else holding this piece of crap.

Steve
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