Costco, slow but sure? 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 : Costco, slow but sure?

COST 963.61

+0.7%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mel Fox who wrote (800)	12/8/1998 11:41:00 PM
From: WalleyB	Read Replies (1) of 1147

Perhaps 65 will become the new support and 70 the resistance. Figures based on the fact that 65 has been resisted but now sales info is showing continued strength etc. I told Matt 65 before the end of the year, and its managed to hit that number, what three times and may finally make the high sixties its home going into the new year! Hee haw! Someone asked why the dips every time the market gets the jitters. I take it that due to the large percentage of institutions owning this stock these folks sell off in large blocks to protect their funds in case the worse case is realized. We suffer the large swells and get sea sick while they wait for the sea to calm and buy back. But you would think that since they sail in larger vessels they could afford to plow through the storms, I guess that's why they are bigger?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next