Thursday, March 20, 2014
Suggestion to Buy CONN
Here is a very beat up stock that could be poised to go up in value soon. CONN is currently trading at $33.20 up 2.22% today. It has been on my watch list for about a week and it has been in the buy status for the last three days. Today's move indicates that signal was correct. There was a drop in the price mid February due to missed earnings report. However, as stocks go, time forgets most news. The company looks very solid and the balance sheet is good and the earnings are increasing year over year. This stock does not pay a yield. It is currently a buy today. Please return to this post for updates on the movement as well as the sell recommendation. Good luck. Google Finance for CONN
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CONN is trading today at $33.76 up marginally from the buy call of $33.20. CONN is still in the hold position. For anyone wishing a slight risk, there may (may) be some upside potential on this run.
ReplyDeleteDue to the frigid cold weather, there will be an earnings report for 4Q on the 27th. Please hold off purchasing until this report is out. We do not know if it will be good news or bad news. So best sit tight. Better to loose the opportunity of gain than to loose the value of a purchase. Once this news is out, we can proceed with caution again using the indication at that time.
ReplyDeleteDang. Should've followed my original instinct, AGAIN! Up 5% today. Well it was good news. I won't buy on a pop like that. Wait for a pull back if there is one today and I would resume my BUY recommendation. It is still in the "own it" category.
ReplyDeleteOMG! what a call. up 13% today. Let's make some money. Take profit and SELL NOW. Yes it could go higher and my indication shows it as OWN. But still 13%???? Take it and run.
ReplyDelete