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Collectors Universe Inc. Message Board

  • dbtunr dbtunr May 9, 2013 2:18 PM Flag

    no one is selling

    and why should they? The stock goes ex-dividend next week

    rule #1: let your winners run
    rule #2: don't turn a small loss into a large loss

    shorts are violating both rules.

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    • pcbutler May 9, 2013 2:53 PM Flag

      DB: then this means the stock price should gradually increase over the next several days in addition to today's big run-up. I had privately predicted to my sons (some of whom also own shares of CLCT too) that CLCT would hit $13.00 today, and then go to $14 in the next 30 days after that. Looks like we are just about on the mark with this prediction.

      The true test will be how much the stock drops if any when the .325/share comes out of the price and into a dividend check.

      But, we are looking good at this point, my friend.

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