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Cracker Barrel Old Country Store, Inc. Message Board

  • petetanner petetanner Feb 17, 1999 10:05 PM Flag

    What I learned from Cracker Barrel and o

    I've owned cracker barrel in the past, sold at
    40, then bought again around 32 and watched it sink
    to 22 before selling. I sold not because I didn't
    think CBRL was a good company, but because the stock
    price was going down. This sounds stupid, but stocks
    that are going down, tend to go down. I'm going to buy
    again in CBRL once I've seen solid momentum to the
    upside.
    I didn't believe the above myself, and lost a lot
    of money before finding it out.
    Invest in
    companies who's stock goes up, NOT companies who's stock
    SHOULD go up.

 
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