Thursday, January 25, 2007

J.Crew - So Hot...

This evening, J.Crew (Ticker: JCG) announced the pricing of their secondary offering of 9 million shares at $37.81. The shares are being offered by the private investment group, Texas Pacific Group. This is very bullish for the stock since this will remove a large overhang. The fundamentals and the technicals both look terrific. This stock is so ready to take off!


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