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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (10720)4/4/2007 9:58:41 AM
From: Smiling Bob  Respond to of 19257
 
I don't know what it would cost to move it to 30 and don't feel it necessary to calculate or guess. Don't think the reward outweighs the cost. I see no evidence of continued upside in trading the past week or so. Q1 port dressing is done on the best performer of the S&P. RSH will plunge fast from here

CC couldn't compete with the big boys. RSH has no chance with their 1500 sq ft stores in soon to be dying malls. They would have to completely revamp their entire image, locations, marketing, structure etc. That means starting from scratch which places zero value on current company.

27.59 and I'm well-positioned for the drop
Many other retailers will lose quite a chunk from their share prices the next couple of qtrs as well.