SI
SI
discoversearch

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 : CompUSA (CPU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cbstock who wrote (888)12/23/1998 10:28:00 AM
From: cbstock  Read Replies (2) of 3187
 
I believe that this stock has been pushed down by tax loss selling. The stock price was around 35 in March. I agree with a another submittal about the stock being an Internet play. It could be a "Discovered Company" next year. CPU has a very good web site for selling all the products in the inventory.

The last time to sell and offset gains in other stocks is tomorrow so if I am correct the stock will begin a reversal in a few days. This is a good play. The stock is oversold and at a triple bottom. I have bought and sold several times over the last 4 years and it has always been a gift at this time of year and if you look at the chart it has always been down in Dec. The first Quarter is not strong for retail.

I just bought another 1000 for what it is worth. The volume is very low and if there was something more dreadful going on there would be much larger selling.

JMO

Regards
cb
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext