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Columbia Sportswear Company Message Board

  • frogger1907 frogger1907 Jan 27, 2005 9:55 PM Flag

    What Gives?

    Thought about buying here. Thought the report looked great. But what gives? Weak in the ater hours.

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    • Big investors usually does not trade in AH . Because they won't get as many shares as they want.

      Look at the chart . When the company announce a good news in 10-29-2004 , they stock jumped +$3.36 and closed at the high price $60.36.

      I think now , the stock will close at least > $59 .

      keep in mind , the company announced a $110M stock repurchase . This represent almost 2M shares at these prices which is equal to 12% of the Float . This is also good . Overall,investors are really comfertable with the company and this is why the company got upgraded some days ago .

 
COLM
71.54+8.90(+14.21%)Jul 31 4:00 PMEDT