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Chico's FAS Inc. Message Board

  • jaquecroissant jaquecroissant Aug 27, 2007 1:41 PM Flag

    look at long term support!

    Hasn't anybody bothered to look at the fact that Chicos has supported at the 17.00ish range. This is a longer term value play. Too many of you are focusing your attention on the wrong factors. If you want a long term gain at the current rate of 15%, then you better get in now. Does anyone really think that America is really going away tommorow? You need to learn how inefficient the market really is. Smart people don't try and figure out what the future will be for a company they realize that they can only buy what is CURRENTLY undervalued. Future growth assessment is a FOOL's game. You should always assume that a stock has no future so that don't pay too high a p/e for it.

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    • Thanks for all your great advice. Held 17 like a ROCK. NOT! I'm up another 8% since then - how about you Jack? What happened to that "long term gain at the current rate of 15%" for going long? What's the next "support" level? Go read some more TMF. LMAO

    • 17ish was support. Now, as the laws dictate, it seems to be coming resistance. That's not good. However, I don't think you can go wrong long term here.

    • <<Hasn't anybody bothered to look at the fact that Chicos has supported at the 17.00ish range.>>

      Sure, it's had dozens of support levels since the highs 18+ months ago. What's so significant about this one? Nothing.

      <<This is a longer term value play. Too many of you are focusing your attention on the wrong factors.>>

      And just what might those factors be that would indicate that this is a value play - short or long term? A low share price? Ever decreasing SSS numbers? Fashion that misses the mark?

      <<If you want a long term gain at the current rate of 15%, then you better get in now.>>

      Probably right, but not in CHS. Unless you shorted a while ago. ;-)

      <<Does anyone really think that America is really going away tommorow?>>

      Yes, but it's coming back next Tuesday after the holiday!

      <<You need to learn how inefficient the market really is.>>

      Au contraire, Jacko.

      <<Smart people don't try and figure out what the future will be for a company they realize that they can only buy what is CURRENTLY undervalued. Future growth assessment is a FOOL's game. You should always assume that a stock has no future so that don't pay too high a p/e for it.>>

      Good thing that a FOOL like you stumbled by to school every one here. I sure would have hated to see everyone here mired in ignorance.

      Say good-bye Jacko ...

      Au revoir cr�tin.

 
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