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Loose lips at ZUMZ?

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17

March 04, 2010 – Comments (5) | RELATED TICKERS: ZUMZ

So, Zumiez comes out with a surprise, 20%-ish sales gain last night after hours. But take a look at the chart, paying particular attention to the volume and price action between close of month sales and the release of the news.

Zumz pop

FULL SIZE

I find that a little disturbing. Zumiez, are you sure you don't have people blabbing to analysts when they should be keeping their mouths shut?

 

5 Comments – Post Your Own

#1) On March 04, 2010 at 10:26 AM, JakilaTheHun (99.93) wrote:

That's extremely suspicious.  Odds of that being a coincidence have to be in the range of 1 in 1,000,000. 

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#2) On March 04, 2010 at 10:33 AM, dragonLZ (99.36) wrote:

ZUMZ is a stock from the list of the retailers that I thought will outperform the market (posted 3 days ago).

Back in Jan. and Feb., I think one was able to see in ZUMZ's chart, ZUMZ is going up for sure. Here is what I said as a reply on TSIF's pitch on ZUMZ...

 

Pitch by: tsif 1/07/10 3:31 PMReply | You recommended this (Recs: 1) | Report this post

Wrong way thumb at the wrong time....(all wrong way thumbs are at the wrong time, but this is one I'm unlikely to get out of). I won't confuse the issue with my negative pitch since I hope to close this in seven days if I'm lucky, but just for the record, my opinion is that the spike today is nonsense. Besides that my goal was to downthumb a ton of companies that started with the letter Z.

Reply: dragonlz 1/08/10 2:56 PMReply | Report this post

Nonsense or not, ZUMZ will continue to go up. I'm positive you'll score easy 20 points on this one in no time (so you should be glad you made a mistake when entering this pick). How do I know? I'm sure you know the answer... :)   

Reply: dragonlz 2/12/10 4:43 PM Reply | Report this post

ZUMZ is starting its new move up. You are now down only 2 points, and you will be up 10 points in 2 weeks or less. Trust me, I know a liitle bit about clothes. And make-up...

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#3) On March 04, 2010 at 10:33 AM, Option1307 (30.05) wrote:

Don't worry, I'm sure the SEC will be all over this, they are such a competent and well run organization...!

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#4) On March 04, 2010 at 12:11 PM, TMFBent (99.81) wrote:

Looking back at a few other Zumz pre-announcement charts, I see some similar action.

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#5) On March 04, 2010 at 1:52 PM, PaxtorReborn (29.74) wrote:

Are you saying you don't trust the executives of a registered incorporation?  HOW DARE YOU!

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