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Columbia Sportswear Company Message Board

  • hidalgo4680 hidalgo4680 Nov 16, 2010 5:09 AM Flag

    Why buy COLM stock today????????

    After the recent earnings report, COLM allowed many investors the chance to get on board this stock. Many positive things about the company convinced me about buying the stock. In my opinion I expect to see the stock as high as $62.00 before earnings. At this time, the stock appears to be holding in the range of $52.00-$53.00 The company also issued new news of a one time special dividend of $1.50 by December 6th 2010. It counts with a real strong balance sheet and mainly most of the bad news was due to the cost of shipping. They have many pre-orders to deliver and as far as I have heard, Many consumers are buying high end items.

    The US labor Report was not bad when it was reported on November also the consumer report was also reasonably good. The fear of high prices for cotton or other commodities does not interfere with this company at least for the next 2 or 3 quarter reports.

    The problem with Ireland and other European countries is only noise and distraction. We already knew about these problems long before they came back to remind us. The G20 summit came and went and nothing was accomplished. This only hurt Obama’s carrier further more. The stock market has sold off but not to a point of panic. I predict the markets will pick up on black Friday and on.

    Other apparels companies are doing well. Their stock value is high and expensive. COLM is a good and strong competitor which can also reach those levels for their stock. Among the rival companies are:
    V.F. CORPORATION Ticket symbol (VFC)
    WARNACO GROUP INC Ticket symbol (WRC)

    I found these testimonies and commercials jackets with omni-shield from Columbia sportswear. Please check the links provided by YOUTUBE:

    I have already purchased my COLM stocks. Jim Cramer has done the same for his charity trust. You still get the chance to get on board for the next week. I can assure you that you are not too late. Let me know what you think I’m open for comments.

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    • I didn't buy today, bought a couple of days ago, you always pay up today.

      What do you think of the very low volume? Seems eerie.

      • 1 Reply to mike37jcwa
      • Thank you for reading my message. I felt a bit lonely not hearing anyone around. You are correct that the stock is very quiet. My guess is investors are a bit nervous about Europe and Ben’s 600 billion QE2
        By the time other investors make their move the stock should be higher by then. Is the common mistake we continue to make as investors.
        As mentioned before the stock is holding between $52.00- $53.00 I’m sure it will take off as soon as more real good news pop out next week. Walmart & Home depot reported their quarter and were better than expected. Retail in general including high end items are doing better than expected. Ireland is likely to take the bail out. China will always be China don’t fear what they do just take it like it is.
        Check out this link and watch Cramer’s comments in his show on Nov 15:

        I have noticed that the message board from our rival companies are more active and crowded than here. Their stock is doing well therefore I expect for us to be as well.

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