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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