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Opinion on  Chico's FAS Inc (CHS)     Sector: Services  >  Industry: Retail (Apparel)
Bearish on CHS ...

Jun 22, 2008 03:18 AM UTC

CHS:  This call was made on 06/22/08 @ $6.25
Rating:   Negative   $6.25 (06/22/08)
Gain/Loss:   -99.52% in 504 days


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runningturtle87   75%     1 point   commented 504 days ago reply

I am really sorry that the economy has hit this stock so hard. They make really comfortable clothing for the woman on the go. They have a great and very loyal base of customers, but no one is really doing that great right now. Once the economy is back on track, soccer moms and leisure execs are going to rush this place and push it back up above $36 easily. In the mean time, even with fantastic promos, keeping up with birthdays, and giving events to fans, they are going to struggle until then. This is a good chain, and I know they will eventually be back in the long stretch. At a bottom of $4.75 in August, the rotation will be back. runningturtle87


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