Claire's Stores (CLE) NYSE Message Board

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Non-Tech : Claire's Stores (CLE) NYSE

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To: Lynda Culberson who wrote (250)	2/18/1997 11:15:00 AM
From: Penny Wise	of 619

Some investors probably sold to take advantage of last Friday's runnup in price. As a result, the price dropped, which caused other investors to think "Hey, I better get my profits too", which drove the price lower. The momentum was downward. A large percentage of today's sellers made a profit. Sorry you were not one of them. Maybe you got in low enough so that you can still sell now and make a profit :0) Otherwise, rest easy knowing that the downside risk probably is low with this stock.

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