I too am looking for an entry point. I had these doubts as I posted earlier..I believe we can get back in at 12.50 really I do. Probably in July or August. The new stores are all going to be in top locations where Circuit City did their best. My guess those numbers of CC are available to the top mgt. of Gregg. Great lease terms and when the worm turns for the better Gregg will be in the Garden spot. But appliances will carry the day for awhile. Just a thought good luck!
In the short run 18 looks like a good trade. The #'s were not bad. The chart is pretty healthy, that would be the 200 day, it has bounced off of there before. Take a look 12.5 would be a gift and I am not sure where the overall market would have to be. I have learned that having patience can really pay off, especially with the uncertainty Let me know if you pull the trigger