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J.Crew stock kersplat

chorse123

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Originally Posted by robin
Retail stocks are down in general. http://finance.google.com/finance?catid=56116469

True, but they're doing bad even considering that. Their goods are just a little out of tune with the moment. That said, if I had a lot of cash to throw at the market, I'd put 10%, expecting a long term rebound.
 

xxsupremesxx

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damn, thats not good. the economic crisis is really effecting everything left and right.
 

mack11211

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If our wardrobe picks coresponded with good stock picks we'd all be wearing Walmart now.
 

farfisa23

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I dunno, Q4 sales are going to be brutal, it may be better to wait until those numbers post and then buy. I can see the stock tanking another 10-20 percent.

RL is under 40 a share today too, down almost 50% in the last six months.
 

Dakota rube

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nm
 

smoothie

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Sucks they just opening a Mens Store in Jersey
 

Thurston

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Originally Posted by chorse123
True, but they're doing bad even considering that. Their goods are just a little out of tune with the moment. That said, if I had a lot of cash to throw at the market, I'd put 10%, expecting a long term rebound.

Funny, their current stuff appeals to me more than anything they've made in the last 20 years.
 

jbm7777

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Originally Posted by DocHolliday
I was hoping this was store stock and was getting ready for a bargain run.

I was thinking the same thing, but FYI, I was sent an email that said that their sale is an extra 50% off. Better to check in the store rather than online. I've found some good deals at the last 50% off. i.e a tie for $10 dollars, a belt for $7.
 

daft

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Originally Posted by chorse123
True, but they're doing bad even considering that. Their goods are just a little out of tune with the moment. That said, if I had a lot of cash to throw at the market, I'd put 10%, expecting a long term rebound.

you're absolutely spot on. something is wrong when j crew is charging $250 for jeans and $1400 for coats in this type of economy. it's no surprise they're not doing well.
 

chorse123

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Originally Posted by jbm7777
I was thinking the same thing, but FYI, I was sent an email that said that their sale is an extra 50% off. Better to check in the store rather than online. I've found some good deals at the last 50% off. i.e a tie for $10 dollars, a belt for $7.

This is one reason why the stock has lost ground/been downgraded. They've had to run more frequent and more significant promotions. I get an e-mail almost every other day from them. An additional 30% off women's coats (already on sale) in early November? While that will please my wife, it won't make the stockholders too happy.
 

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