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Hope for the holidays...FINLHope for the holidays...FINL
Cryogenix said: "Last: 4.69
[url]http://finance.yahoo.com/q?s=finl[/url]
Although I rarely shop at their stores, I do like their establishment and always see a lot of shoppers there. They released earnings this afternoon.
As the Christmas shopping season is upon us (and as colder weather sets in and forces more people to the warmth and comfort of the malls) I feel this is a super play after earnings is released today, because I would expect a bad report due to the weakness in retail lately. And given it's taken a $9 hit over the past few months, I'd say now is the time to grab some and hold, once a decent entry point is established.
Due to the big decline, it's quite possible this will climb even on mixed earnings. I might take a 1/2 position prior to the reporting, and hold the other half until price direction is clearly established. This seems like a fantastic bargain.
Do your own reasearch."
lil dickie said: "Interesting pick. Do you know why the P/E is so low?"
Cryogenix said: "I took a 1/2 position at 4.65. Seeing some very big buys coming in. I'm going to gamble that the decline of the stock's price over these past months is already factored into any potential bad earnings today, so anything mediocre should see it moving up nicely."
Cryogenix said: "I'm out. They lost...
[url]http://biz.yahoo.com/prnews/070927/clth105.html?.v=43[/url]"
Cryogenix said: "Although they met analysts' expectations, yesterday's trading day ended on a very unsure note, so I didn't expect this to make any gains at all in AH. Today, if the market tanks in the wake of Greenspan's babbling, and if FINL goes with it, I will pick up some shares to hold longterm, because I think the company is close to getting its act together... Hoping for a 4.30 range, but will likely not see close to that. In fact, the stock is so low-priced and met estimates, that it might actually make a few pennies.
Tough call on this one today."
lil dickie said: "So I take it you [B]don't know[/B] why the P/E is so low."
Cryogenix said: "Last: 4.34 (high 4.69, low 4.30 1,459,000)
Declined all day and had a couple of head fakes, but a lot of big bailers. The ask never got below 4.33, so I'm still out. It didn't show any promise even as the day went green, so I'm going to watch it on Monday, for signs of strength - glad my price didn't hit, since it ended on a very low note, when it should've closed 4.48, at least."
Cryogenix said: "Last: 4.24 (high 4.41, low 4.09 - VOL 1,751,000)
A very poor showing today on a very great trading day that had great volume. At this rate, unless it starts acting contrarian, I can see it going sub-$4 tomorrow, perhaps as low as 3.65.
I'm going to wait this out until it's able to get a green day under its belt."
Cryogenix said: "Last: 4.38 (high 4.55, low 4.10 - VOL 1,609,000)
Decided to grab some today after seeing it holding green consistently during this primarily red trading day. I liked the way it was trading. I think it's ready to keep climbing from here.
We'll see..."
Cryogenix said: "Last: 4.18 (high 4.41, low 4.16 - VOL 1,108,000)
Back-to-red days was more than it could stand. Sold for covering of fees (breakeven) and will see what tomorrow brings. Poised too close to the ledge and the low of they day for my liking...
Like always, find a good climb and buy-in and hope it keeps going up, if not, sell to cover your fees and keep doing it until it stays up... :)"
squarepusher said: "oops, i didnt' even see this thread when i posted me other one :whacky011:"
Cryogenix said: "I'll try not to take that personally... :whacky011:"
Cryogenix said: "Last: 4.46 (high 4.54, low 4.31 - VOL 581,000)
Seems to have found its groove the past few sessions, so I've been cautiously holding. I wished it had closed at 4.51, but its current price is decent.
I think once it returns to its original earnings report price of 4.69, it'll start moving up a bit more smoothly.
Things are looking good..."
Cryogenix said: "Last: 4.06 (high 4.19, low 4.05 - VOL 390,000)
It came within .11 of reaching its earnings reporting price, but just couldn't find the legs to continue. Very weak support at this 4.05 level. I'd bet it's going to drop to 3.70 before it truly pivots for good. It needs another trading struggle in order to establish a strong uptrend - it hasn't happened yet. I'd stay clear until it does...
I'll probably look at it again once a good reversal forms and it hits 4.30."
Cryogenix said: "Last: 3.91 (high 4.06, low 3.87 - VOL 782,000)
It can't hold 4.05 securely at all. It's getting closer to wartime. I'm thinking Friday will be D-day with Monday providing a more certain direction."
Cryogenix said: "3.57 (high 3.78, low 3.50 - VOL 1,151,000)
This got hammered today after closing last session at 3.75. I'm planning to wait it out to see if it can reach 3.07."
Cryogenix said: "Last: 3.28 (high 3.38, low 3.17 - VOL 1,017,000)
It's getting closer, and also nearing a 7-year low. :dazed052:
3.07? Hmmm...maybe I'll shoot for 2.65."
Cryogenix said: "Last: 3.51 (high 3.53, low 3.19 - VOL 897,400)
This looks like a solid, clean, hard pivot. This could be it..."