Bought COSI at 3.68

Trade ticket:

Transaction: Bought
Security: COSI
Price: $3.68
Target price: $6.50

Trade Note:

I bought this purely because I eat at COSI alot and have never seen the place empty.  It was trading at lows when I bought it, and was expected to remain unprofitable for 2007.  They have had some management issues, but I think once they sort of internal problems and let the stores do all the talking we can see a climb back toward $6 or $7.   It is going to involve patience.  Now that it is trading in the $2 range I am considering buying more, but might just wait on what I own right now.

Posted about 1 month after the trade

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Trade

Company information:

COSI 0.89 -0.02 (-1.76%)
Users bought (this month) 0 (0.00%%)
Users sold (this month) 1 (100.00%%)
Market cap 36.37M
52-week high 1.21
52-week low 0.16
10-day volume 99,000
P/E -2.46
EPS (trailing 12 months) -0.37
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Posted by TFL2032 on 11/14/07 at 04:11 AM

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