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Pacific Sunwear of California Inc. Message Board

  • steem Oct 4, 2012 4:02 PM Flag

    If it continues to drop tomorrow?

    Get out if it continues to drop tomorrow? I don't like this trend break... hmmmm

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    • Below 2.22 is a sell otherwise hold. I've said that I don't trust this stock above 2.75 and now I'm saying below 2.22 in this quarter. My gut feeling is that the results for this period are not going to look great. People have said this will be 4.00 this quarter which in mho is wishful thinking for a company that is beginning a rebound and is not yet profitable. Just because you have made some money and a company is rebouding does not mean it will continue. The Company has to work hard and unfortunately get a little lucky with the economy at the same time. Hopefully we can get rid of Obama and start growing businesses in this company. But that's a whole different story.

      Sentiment: Hold

    • I stopped out at 2.40 today and bought back in at 2.32. If it breaks the 220 support i'll get stopped out again. it would be nice if PSUN would give us some guidance.

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