| | | retail stores. Yeah, I bought a package of these 2nd or 3rd rate companies, (e.g. SSI and SMRT and another I can't recall) when the stocks were down and out. My idea was that they still had some customers, and if they could get their merchandise right, maybe at least one of the stocks would recover somewhat. However, the stocks kept dropping and became penny stocks. I gave up at that point (too bad for me as regards SSI), and am sticking with larger cap with a better history and/or maybe a niche market. These include JWN, BIG, CTRN, CPRI, DG, MIK
SSI is intriguing. If they can repeat and replicate the success they seem to be having now, I suspect you are right, and the stock will move up, maybe substantially so. It's just that retail is so iffy with AMZN, other competition (reducing margins among competitors - many of whom seem to be selling the same products), changing tastes, etc., that I've no confidence with SSI or the other dink companies. I'm having enough concern with just the larger ones. SSI will just be one of those stocks that maybe continues to move up without me.
----
Edit: I'll take a chance with MIK and add now to my very losing position.
finance.yahoo.com
Also forgot to add that I have Container Store, TCS, and I'm adding a few shares to that position also.
finance.yahoo.com |
|
