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Cache Inc. Message Board

  • honkykong2001 honkykong2001 Apr 5, 2005 3:42 PM Flag

    That was quite a reversal

    I believe the shorts be covering. I would say a bottom is most likely in. Any thoughts?

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    • Sheesh - what monikers! LOL!
      When I had my buy in at $12.74 I left it there as I was watching my IMOS buy early a.m. When I turned to my screens I saw all the buying action and rushed to get in. I think the action was due to the recommendation by the guys at Findprofit; they bought at $13.35 so I'm sure lots of subscribers followed. I don't necessarily think my $13.55 was such a great buy; I think we see the $12's again. I saw it bounce to the $12.89 area and I was trying to get in on the cheap. As usual I paid up for my cheapness!! LOL The best to you. We can follow this together. April 7 we should get some update about their outlook. The FP guys say even if it's not so good we may see a bounce. FWIW

    • I'm with you on the bottom being in. I was hoping to see 12.50, but doubled my position on the way back up and I'll take it. Long term this looks rock solid.

      Some heavy volume in trading too.

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