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Flexsteel Industries Inc. Message Board

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  • pmlljl pmlljl Jan 31, 2008 8:13 PM Flag

    Next buy target 11.00


    In fact, I bought some FLXS at $12 right at the end of '07. I have now sold that stock at various prices ending today at $12.50. I now will sit tight until the next earnings report next week. I do not expect the report to be too good and I will see if I am correct and what impact the report has on the stock. I would not expect FLXS to go up dramatically like the home builders, banks and title companies if FLXS's report is not good.

    I am not normally a short-term trader but I do have a history of buying good companies at low prices at year end and selling them in the new year. FLXS qualified for that. I am still hoping to buy at lower prices, but I admit that I may not get the chance. FLXS has been good to me now and in the past in much bigger positions.

    I think the market is currently bi-polar and not making any sense. We will see what happens. I wish you well.

47.57+0.72(+1.54%)Aug 30 4:00 PMEDT