Friday, January 12, 2007

I Need Some Clothes

I really like J. Crew (Ticker: JCG); their clothes and stock. The end of the stock lock up was holding the shares down a bit, but it looks like the selling from the lockup is just about over. Texas Pacific Group will be unloading 7.5 million shares of J. Crew Group. Once this takes place, this stock is going to take off. The company recently reported strong same store sales of 8.5% for the last two months of 06. This company has the best retail management team with Mickey Drexler as CEO. Again, I made a mistake of selling this stock last year. I’m not going to make the same mistake again and will hold on tight! The stock to starting to bounce off of its 50 day moving average.


Post a Comment

<< Home