Claire's Stores (CLE) NYSE Message Board

STOCKTALK

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 : Claire's Stores (CLE) NYSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SeanS who wrote (542)	3/11/1998 7:48:00 PM
From: Thomas N. Scruggs	Read Replies (1) of 619

Good luck with your fishin'. I think it's too early to sell CLE. Most of my work is on trends and cycles. I've traded CLE in the past on a well defined annual cycle that sees the stock price increase from February through June-July. I bought Feb. 10, @$15.75 lookin' for a new high by June. Hit $23.00 today, and closed at $22.00. Just $2.00 from 52 week high, on volume of 1MM shares. There are still four months left in cycle. Looks, to me, like CLE will go past $24.00 by the end of March, and could be headed past $30.00 on this cycle. This is just my opinion, but I have a good history with this stock, including good success with short positions near the end of these cycles. Good luck to all! Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next