Comments on: An unexpected passport… http://www.footnoted.org/buried-treasure/an-unexpected-passport/ Michelle Leder's guide to what's hiding in SEC filings Fri, 21 Nov 2008 17:38:32 +0000 http://wordpress.org/?v=2.6.3 By: Guru http://www.footnoted.org/buried-treasure/an-unexpected-passport/#comment-3995 Guru Fri, 07 Dec 2007 03:23:53 +0000 http://www.footnoted.org/buried-treasure/an-unexpected-passport/#comment-3995 Chico's is definitely seeing some bad times. I own some stock, and have seen all my initial gains evaporating and am now in negative territory. I spend a lot of time watching foot-traffic to stores I invest in. Based on that I can say that they must really be hurting now. Chico's may still be able to work a turnaround though given the not-so-crowded list of retailers selling to the particular segment they target. It will take time, but if you have patience this is a good buy now. Chico’s is definitely seeing some bad times. I own some stock, and have seen all my initial gains evaporating and am now in negative territory.

I spend a lot of time watching foot-traffic to stores I invest in. Based on that I can say that they must really be hurting now. Chico’s may still be able to work a turnaround though given the not-so-crowded list of retailers selling to the particular segment they target. It will take time, but if you have patience this is a good buy now.

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