traders are taking profits. We'll go back up
after they're done. The long-term potential of this
company is much greater than profits at 25 a share, but
it's only natural to want to take profits when you're
up. If you believe in the company, there's nothing to
Price fell from 23 to 21 on little volume (about
30,000 shares), then moved back up as day's volume
DOUBLED (about 250,000 shares). Check the 1-day chart.
I don't usually believe the "weak hands" talk, but
I think a few small, scared investors did bring
this down as the CC got under way, then cooler heads
yet they have already shaken this mother out
almost 7 pts. after his departure and again since
then...shake out upon shake out..
this shakeout is
different cause did NOT fill the gap of the 7 pts down just
due to his departure so thus you can not really make
a true comparison!
No, I'm not psychic. I just had a bad
when the stock was opening at yesterday's close when
the overall market was up. Given that BEBE had its
first big up day yesterday gaining a quick ~3 points, I
thought the stock would be
vulnerable to profit
I had wanted to dump 1/3 before earnings,
didn't know earnings were this morning. I had
gain from 19 1/4 going into earnings,
and wanted to
lock some of it in.
I didn't think that it
would fall to 21, though. I bought alot back at 21 1/8
and 21 3/16.
I just don't get why people are selling at these
prices. Everything I heard was positive with the
exception of the performance of that 1 BBSP store, which is
a test anyway.
This makes no sense to me.
for a long time...the volatility did not make
much sense to me...but this, after an excellent
earnings report and a positive cc, makes no sense at all.
My feeling is that we are going lower...maybe much
lower. It appears to be time to abandon ship.
It's ture that gregg's departure is a great loss
and might derail growth. But it was priced in a few
weeks ago when it drops big from 26 to 21. I think it's
good that we see a drop today that also mean that this
time most of the seller on gregg's departure have sold
already. Also considering the retail sector have been
beatup so much that it's fair to see BEBE at these
prices. ANF drop from 30 to 20 and a new 52 week low
today. AEOS drop to 34 from 40s. But I think if people
are pricing in all the negative thinking, it would be
a opportunity to buy here.
Stay Long and
quarter is not going to be doing as
inventories, gross margin, sss, etc.?
will be a buyer no matter what, however this initial
action this morning did not bother you, however it was
said that this afternoon and after the call things
will go back up, well thus far WRONG.
addition, we should have not gone down prior to call and
after call, since we did not even fill the gap from
The gap has to and should have
been filled. This is IMHO more than weak hands and
manipulation, clearly people want out, shorts gaining today.
about new store performance. They're trying to
make it sound like the new stores are not doing as
well this month as last month, but BEBE says the
numbers they are comparing are for different stores. Not
the "same" new stores being compared from month to
That may be what's driving it down. I wish Blair would
re state because I don't think the analysts