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Your take on CHS?


buy2gain said: "I think it's a good bet now for next 1 year. I don't see anything wrong as such with the company. I am sure it will bounce back."

JohnL said: "Chico's has [B]really[/B] fallen and I'm not sure why."

Harry said: "1. Deflated guidance... 2. Analyst jumping on deflated guidance [url]http://yahoo.businessweek.com/investor/content/aug2006/pi20060824_486745.htm[/url]"

buy2gain said: "Yes. I read all the stuff. In my opinion, market is overreacting."

JAP said: "On 8/21 it dropped below it's 50 day MA. Today, it gapped below it's support level of 21.70. It's at the bottom. It might be a bargain basement buy at this point. Could it go lower?... sure it could. I wish I would've shorted this sucker!"

Harry said: "[QUOTE=buy2gain]Yes. I read all the stuff. In my opinion, market is overreacting.[/QUOTE] no no no, it's got nothing to do with an over-reacting market. The analyst didn't make a bad or phoney prediction, she is reflecting the company's "own" news of expected cut earnings projections for 2007 and 2008. THAT doesn't bode well even if the market was in love with this company. That news has to supress stock performance. Of course the stock could rise when or if earnings expectations are exceeded."

Rickster said: "Its obvously broken, but this looks like a good place for a bounce, if you like that kind of thing. I wouldnt put my money on it. I dont bet on coin flips. Well, maybe a Coke. But thats it."

Darren said: "This is potentially the best investment you'll ever make. I've visited at least 10 Chico's store, and their operation is outstanding. Their "Passport" loyalty program brings in big numbers of repeat shoppers. I owned CHS for 3 years and had a 900% return, so I'm probably biased."

JAP said: "I bought CHS at 17.60 after the last dump. I'm doing pretty well so far. Anybody else?"

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