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The Buckle, Inc. Message Board

  • stamo stamo Nov 9, 1998 11:25 PM Flag


    Has anybody noticed the increased volume associated with the recent price rise? This is a very positive sign and I'm wondering if we are starting to see some action from the fund managers.

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    • No, doesn't seem like sufficient volume to be
      fund managers yet. Not many big blocks, only about 300
      trades of 600 shares(average) each.

      Most funds
      won't come till AFTER the earnings and upgrades,
      probably a week or two later (after the real profit taking
      is over), if they come at all, at least that's my
      guess. Of course what do I know (besides how to spot a
      good deal)? I've only been trading 6 weeks. Still, I
      don't think I've chosen badly, so far.

      For the
      short term, I think that the trend will be generally up
      until after the earnings are announced. Then what
      happens is anybody's guess. Question is, can it really
      make it to 30 before the shorts come in and have their

      Long term, as long as the company sticks to it's
      knitting and takes care of business, I would have no
      hesitation in sticking with this one. Retail may not be
      glamourous, but sure seems to be profitable for this company.

      In reading the recent history of this stock, it
      looks like a another company in a similar line,
      Gadzooks, took a turn for the worse, and people threw out
      the baby with the bathwater. I for one am pleased to
      have found this baby at 16, not as low as it got, but
      certainly low enough to have boosted my portfolio

      Good luck.

47.92+0.04(+0.08%)Sep 12 4:00 PMEDT

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