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Strategies & Market Trends : IPO and Other Stock Plays -- Ignore unavailable to you. Want to Upgrade?

To: david777 who wrote (12960)	6/17/2005 12:37:48 PM
From: yossarian67	Read Replies (1) \| Respond to of 13331

ctrn day to day trading is controlled by the underwriters,,,depends on where they want to shake it, could be at any level. think funds were buying on the report, they tend to buy at once/heavy, which is why I'll never have $$$ in a mutual fund--the sloppy buying/selling is silly they cost their clients money that way but they don't care about $1 difference in price, than they're done for the month etc...anyway blah, blah, my guess is the ctrn float will be next to nothing if they shake this out hard here. zumz is very expensive for their forecasted bottom line/bottom line growth it's just that it's in a 'hot' sector and the float has gotten gobbled by funds that have made a killing past year in ang/urbn etc... just hoping ctrn isn't seen as a conn and sits around for 15 months before exploding up...beause it will explode up, unless they somehow screw up the biz(which in past 5 years they've not made any real mis-steps) when though? next week? month? november? april '07?