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Message Boards Settings Casual Male Retail Group, Inc. - Quote Info
3rd time investing in CMRG     15-Oct-09 12:19 pm    
Since March I have invested in CMRG 3 times.

I got some in the 1.60's sold in the 2.60's

Bought in again in the 1.60's and sold again around the 2.60's just missed that nice 1.00 run they made.

They have been trading in this nice up and down range now for the past 7 months. They have been on a slow and stedy move down from the 3.70's over the last month.

When they got down to 2.98 yesterday, so I felt that it was a good time to get back in for the run to 4.00+

This company has done a great job at keeping themselves alive since the takeover a few years back and also during this hard last 2 years. I feel there is a good shot at hitting 5.00 in the next 6 months.

They sold a 4 million share block a few weeks ago at 2.75 to help build a little bit of cash and I have been seeing a few large block trades of 50K in the low 3's. In my opinon that is a good sign for the company. If people invest that kind of money they must feel that there is a good chance of a nice return down the road.

3rd time in for me and I plan to bank another 2 or 3 grand this time as well.


GOOD LUCK EVERYONE!!!!


Sentiment : Buy
Rating :
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pantsmrx

30/Male
Punta Gorda...


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3rd time investing in CMRG
pantsmrx Not rated 15-Oct-09 12:19 pm  
 
Co. Should produce 20-25mm FCF this year ... Easy ...
easynow70 Rate it 22-Oct-09 02:35 pm  
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Casual Male Retail Group, Inc. (CMRG)

Chart for Casual Male Retail Group, Inc. (CMRG)
At 2:48PM ET: 2.30 Down 0.04 (1.71%)
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