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The Buckle, Inc. Message Board

  • floppy_6 floppy_6 Apr 6, 2010 4:03 PM Flag

    Anyone guesses why JPM downgraded a week ago?

    to help shorties to get out their miserable shorts.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Well holy cow, look who it is. I realize you won't recognize me as well as I'm familiar with you. I check the GSL sight several times a day but rarely post. Are you considering investing in Buckle Z? I wasn't sure what to make of your 'Bill the Cat' post.

      I'm a long term investor in BKE. Long as in the last 9 months and holding unitl ???? I liked it a lot more at my avg cost of $29. But still like it here for the long term. It's a very well run company with a great balance sheet, great track record, and IMO a great approach to controlled but steady growth. With all that said, I don't know if I can recommend at $37 because of the shorter term share price risks. The company is great but the stock seems to get treated like a cat toy by Wall Street. I figure that has to end some day and all the short interest will eventually need to unwind. I'm long, perhaps for years, will collect the specials, and will wait for the inevitable day when it actually looks overvalued to me (price ???)

    • P.S. We are the only teen stocks going up today.

 
BKE
49.18-0.07(-0.14%)Aug 29 4:00 PMEDT

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