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Christopher & Banks Corporation Message Board

  • investor_cpa investor_cpa Jan 16, 2013 12:27 AM Flag

    Naysayers can't deny any longer that CBK is on the mend

    CBK's guidance issued after-market is extremely positive (SSS trend in upper teens - Wow!) and the Company appears to be hitting on all cylinders again. This guidance is even better than what I considered a very upbeat management projection just a short time ago. This is no small feat. Scour the retail reports and very few retailers are putting up these kind of numbers in this economic environment. Even more positively, the Company is cash flow positive and net income positive.

    I am looking for the stock to continue its uptrend north and the stock appears to be significantly undervalued, despite nearly a 200% increase in August when trading at approx $2 when I established my position. Assuming these trends hold firm, it is not beyond the realm of possibility to be at $10 or higher before the end of the year. Look at the historical chart. CBK had fallen so far so fast that I believe it has huge upside potential. Cheers!

    Investor_CPA

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Agreed. it seems hairyape can''t read a chart. That is huge sales growth. If they post another positive Q, we are going to see this really pop.

      Sentiment: Buy

    • They aren't even positive even cash flow basis.

      Keep Drinking the Kool-Aid!

      Sentiment: Strong Sell

      • 1 Reply to hairyape59
      • Really? - Perhaps reread what you just wrote because it is pretty obvious you don't understand what a balance sheet or cash flow statement even is. According to the last quarter 10-Q filed with the SEC, cash and short term investments were $33.2 million. If they are guiding cash to be $37 - $38 million, it doesn't take a rocket scientist to figure out they are cash flow positive to the tune of $3.8 - $4.8 million for the quarter because they have no bank debt. The Company had been bleeding red ink for several quarters and we are definitely seeing them building cash again instead of burning it. This stock has potential.

        Investor_CPA

        Sentiment: Strong Buy

 
CBK
9.51-0.01(-0.11%)Jul 24 4:02 PMEDT

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