I think Hot Toppic'c(HOTT) stock is done burning down for now. I be buying it
from 6.65-6.75 from yesterday. I am looking for it to hold 6.53 to buy more or
hold my 1/4 position, and buy more around 6.00-6.30 and look for that to hold.
Any thoughts?
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Very interesting company, stock price remained so strong througout much of the
downturn until May of this year when it hit a wall and then proceeded to fall of
a cliff. That said I think it can find some traction technically around the 6.60
range and would put a tight stop at 6.00 with a possibility for a 2pt move
higher which I would then take my profits and run. best of luck
Since you're going bargain basement shopping,
I like ARO as well.
October comps were better, but still down over 2.5 percent. I think the vampire
fad is over. I think there are better names in the space. Unless you have some
thesis or know something that you believe will move the stock, I like URBN, AEO,
LTD and maybe COH or TIF better. Just my 2 cents... I have no position in any
of these.
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