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Collectors Universe Inc. Message Board

  • pcbutler Aug 16, 2013 12:41 PM Flag

    What is happening in market right now?

    DB: what do you see right now, with the market for this stock down considerably more $$ than the disgorgement of the 32 1/2 cent dividend? Off about $1.25 overall per share....Do you think this is just CLCT taking a breather with upward momentum starting again next week when/after the quarterly report is published?

    I put a lot of stock in the fact that volume to sell is so low and that Renaissance Fair LLC (largest shareholder) bought some more in $16-$17 range;

    Does $20 seem reasonable to you? P. S. It has been a very nice run so far, up over $5 per share.

    Sentiment: Strong Buy

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    • The idiot Dunbar/Dilbert can't even find the right board to post to. If you listen to anything this imbecile says you deserve what you are doing to get.

      You are the only person that actually engages this moron. You are aware of that fact, right?

    • stock had a huge run since June 30, up from $13.25. Got ahead of itself. 1/4 of shorts covered, the rest seem die hard. All the fundamentals are pointing to better times ahead. There has been no summer slowdown. I'm going to wait to see the next numbers are hear the outlook. $20 seems reasonable

      • 1 Reply to dbtunr
      • pcbutler Aug 16, 2013 2:23 PM Flag

        thanks dbt. That is exactly how I see it too. I think we just have to hope the Company CEO does not say anything negative about prognosis beyond the April-June quarter being reported on. After all, CLCT is not MSFT or some other well-established stock, and a portion of the current value is the 21X P/E ratio. Anyway, I took some profits off the table but then bought some more for expected push next week or week after, when I see it going up above $20/share.

        Sentiment: Strong Buy

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