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) -- Ignore unavailable to you. Want to Upgrade?


To: stock talk who wrote (2567)6/11/1999 9:09:00 AM
From: AJ Berger  Read Replies (1) | Respond to of 3187
 
I live to entertain you!

I honestly don't know what is a good entry point on CPU long or short!

My thoughts generally revolve around the idea that without buyout speculation, this stock and company is dead as far as Wall St. goes, but now the longs have new BW - BS hype to chew on, so I'll let them enjoy their day the sun in silence. With as expected CPI and PPI numbers out just now, we may see volume return to the market, and who knows where the fools will be parking their equity. Just for the hell of it, I put out a small limit order at $8-1/4 to see if we get a pop here, but unless other news services like marketwatch, the street, etc. pick up on the BW - BS we could lose any momentum gained by this "unnamed money manager" hype pretty quickly. Good Luck!

So you need risk reward numbers? I'd guess 25-75% up and 25-50% down from $8.

I may talk bearish, but I would never short such a cheap stock.
after it once traded in the $20's. The risk/reward on doing
that would be far too great!