RCKY Flat Line at $7

Discussion in 'Stocks' started by qll, Oct 23, 2007.

  1. qll

    qll

    RCKY is oversold. It still has great current earnings, and P/E only 35 next year. Best of all, the reason why the earning will be done is they forced their competitor to chapter 11 then they will buy the competitor's locations. I think this cost increase is very reasonable.

    I see a quick 20% return in a few weeks on this company at $7 range.
     
  2. 20% dead cat bounce. Hmmm, that's plausible. But don't stay at the party too "long".
     
  3. jbride12

    jbride12

  4. qll

    qll

    at least to $10 within a year. maybe to $15.
    this is a under book value, profitable stock.
    check out KMA, that company was sold at 50% premium after I put a strong buy rating on it.

    RCKY will be sold soon. Most likely by DECK.