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Fossil Group, Inc. Message Board

  • dr_patel_singh dr_patel_singh Sep 20, 2002 2:57 PM Flag

    Hi Just bought FOSL stock today!

    I just bought a Fossil watch at the store and I liked it so much that I bought some FOSL stock too! I bought the stock at about $21.30 a share and it already has gone up a few cents! Does anybody have any amusing stories to tell about Fossil products. I am presently looking for other fossil items to buy. My broker says I made a good choice and he expects to see FOSL at around $60 a share in the coming year.

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    • I originally bought some Fossil stock in 1996, when I had just started investing in the stock market. I was at work one day (in Dallas) and someone called and asked if this was the Fossil Watch Company (they had a wrong number). I took this as a sign that I should buy some of their stock, and it has been a great investment. It has split several times since then and I sold off some shares and kept some. Everything is going down right now, but Fossil usually goes up during the Christmas gift season. It is a great company and they have great products, now sold internationally.

    • Fossil is a great company. But your Broker must be smoking CRACK if he thinks the stock will go to $60 in a year. $30 is more like it, which is a nice return of about 45%

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