ANF?

[niketennis1]

So what do you guys think of ANF? I work for the company part time (college student) and i'm thinking of getting in there stock plan (put maybe like 10-25% of my paycheck back into the company's stock). The stock is at $36 and I think if it hits $20 or $25 a share, I should get into the plan because the stock should rebound in the future (when economy gets better). Is this a good idea or no. I mean I could probably get shares at $20 and hold onto the stock for a couple of years which will probably hit $50-60 when the whole market becomes bullish again (which I know could be a very long time??)

[madcowdisease]

So what do you guys think of ANF? I work for the company part time (college student) and i'm thinking of getting in there stock plan (put maybe like 10-25% of my paycheck back into the company's stock). The stock is at $36 and I think if it hits $20 or $25 a share, I should get into the plan because the stock should rebound in the future (when economy gets better). Is this a good idea or no. I mean I could probably get shares at $20 and hold onto the stock for a couple of years which will probably hit $50-60 when the whole market becomes bullish again (which I know could be a very long time??)

http://www.onlinetradersforum.com/showthread.php?t=4463&highlight=abercrombie

http://www.onlinetradersforum.com/showthread.php?t=5473&highlight=abercrombie

http://www.onlinetradersforum.com/showthread.php?t=5080&highlight=abercrombie

http://www.onlinetradersforum.com/showthread.php?t=4917&highlight=abercrombie

http://www.onlinetradersforum.com/showthread.php?t=942&highlight=abercrombie

[CSSVT]

High end clothing retail doesn't do well during a recession...especially as large as the one we're in/about to be in. I'd say no go but I've been wrong before.

[madcowdisease]

Depends what your time frame is. If you want the money in the next 12 months I wouldn't buy ANF. But i wouldn't buy much else either. If you are looking 2-5 years it is a solid company with great management.