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Cache Inc. Message Board

  • huskydawg24 huskydawg24 Apr 4, 2005 4:25 PM Flag

    Bottom for this dive?

    I'm thinking it's around 12.50. Looking to double up my modest amount of shares and ride this one for the long haul.

    Not sure it will go that low, maybe more around the 12.75-13 range.

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    • Husky, I bought in at $13.55. I saw it go to $12.74 and I put in an order for that level. It wasn't getting filled and I noted all the late action so I just bought 300 shares at the $13.55 price. I think it will go down some more so I'm planning to average down, but I'm in.

    • Hope you are still hanging tough on this one. Nothing intrinsically wrong - higher interest rates are just hitting the retail sector. I bought a little IMOS this a.m. - think that one is going to $8 in a hurry. Still waiting to buy in here . . going to watch for $12.50 as you suggest since it took out the $13.25 range. When CACH bounces it can move $.80 in day so it shouldn't take long to get back to the $16 range.

    • Husky, it must be a fund unloading this. I didn't think it would fall below $13.25 . . I almost bought today. Long term this is a VERY solid play. Would be nice if it were the next Chicos, no? Guess I'll wait to see if it does hit the $12.50 mark as you suggest; I'm very surprised it has fallen this far.

0.005-0.0008(-13.19%)Oct 27 9:35 AMEDT