RE:RE:RE:RE:Someday this stock will turn upI agree. I just find it scary to leave my money in when it's in such a viscious downtrend. I've been burned before on stocks that went down even though it didn't really make sence. I can't help but think the best time to buy will be on a high volume gap lower open. We got a bit of that on Monday though it wasn't huge volume.
I keep a close eye on this stock. When I see it not go down on a day oil does go down that would be a good sign. Right now it goes down more when oil ticks down than it goes up when oil ticks up. Thats how COS has lost $4.00 while oil has basically stayed the same.
Today its actually down a bit on an up oil day. As oil gets to the top of it's range ~ $61 - 62 it will may have a sell off day if the pattern continues. I'm worried COS might really tank then.