TRS the reject shop limited

price target?, page-18

  1. 115 Posts.
    lightbulb Created with Sketch. 47
    great question, for me it was $3.50-$4

    Bought in around the $2.80 mark, it had a habit of jumping 10-15% and coming back down, sold on a day it broke out ($3.20) thinking it would come back to where I first bought it, and I’d ride again..

    it never returned to my sales price, watched fluctuate around the $3.30-$3.60 mark for a couple weeks, before again breaking out past $4, fluctuated around this mark for a couple
    weeks, each time I decided it was time to just bite the bullet and buy in, it jumped another 10%, i then finally re-entered around the $5.50 mark, have been accumulating since..

    considering it still has a market cap of about $300m I think it has plenty of legs left, sales figures will be a good indicator of where they are at the moment, and where they’re headed.

    And if it does go back into the $5 mark I’m happy to grab some
    more
 
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