...it gets back to the 20's level. Free rolling
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Does anyone know who is buying/selling the big
blocks I've seen trading for the last couple of days? I
saw a couple in the 20,000 share range. Volume is way
up. Price is only up a little, though tough to
complain relative to the mkt.
I jumped back in at
10.25 this morning, I'm hoping we have seen the bottom.
I got in at $19+ and out $18+ (lost a dollar). I
sugest we all read Morton Shulman's book, "ANYONE CAN
MAKE A MILLION". Its an old book, but what was true
then is true today. There is a good chapter on IPO's.
Well, anyway, I saw the rapid rise and the slow
decline. I"m betting this stock has hit bottem. I hear
this is going to be a really cold winter up there (I
live in Florida, all you dumbees can freeze your asses
off). I'm going back in at $10 & 3/8 this morming. Good
luck to us all!!! Oh, ya, I was waiting for them to
start their fall advertising program.
Thank you for mentioning the
fact that there is more to this decline in value than
co. management. The entire market is feeling this,
and as you stated, especially the oil industry, which
I recently purchased into (DALY and BHI). COLM will
come back up as will the oil industry, winter stocks I
This IS a solid company and I too have
felt the salt in my wounds from 24 to now, but I will
be buying more soon to offset the initial loss, as
should the rest of you who held so much promise for COLM
when it first came public. The only thing that has
changed since then is the fact that the market has
plummeted and we have had one heck of hot and long summer,
which don't do a lot for the sales. Which, by the way,
I bought both of my sons and myself columbia
jackets yesterday, so there may be hope for our stock...
I also bought on the IPO at $24+, wastched the
thing tank to $15 and bailed, now at $9 or $10 I will
take a chance and go back in and say my prayers. This
is a good company, lousy IR dept, solid finances,
and should do well in the future. I cannot see much
risk to the downside at this point.
are thousands of solid companies out there which have
had their market value destroyed in the past four
months. Try the oil service and drillers, I mean there
are some incredible values in there right now.
I bought in at 100 shares at 24 and 100 shares at
24.0625!!! When will the bleeding end. I am looking to buy
in now in order to offset the loss with some gain
but I am not confident that this stock will wind up
in the 2 dollar range. Real nice Investor Relations
Department. I love the product but this stock
F-Columbia and their devaluation!!!!!!!!!!!!!!!!!!!
Some of you people need to take a deep breath.
Stocks trade over the short run based upon two competing
emotions, GREED and FEAR.
This particular stock is the
beneficiary of the "quadruple whammy" of:
1) IPO's falling
out of favor;
2) apparel stocks doing the
3) being a small cap stock with very little current
analysts; and, lets not forget..
BIG overall market correction.
If the company has
good long fundamentals, over the next 2-3 years,
owners will be rewarded.
To paraphrase Sir John
Templeton-- sell at time of maximum optimism and buy at time
of maximum pessimism.
Where are we? Decide based
upon facts, not emotion.
End of lecture, sorry