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Very good question, I would like to believe it was someone who wants to take the lost now before the end of the year
Why someone dumped near 1.3M shares at $0.08 on July 24, 2019 while the bid was $0.09?
CBKC further declined to $0.0871 yesterday! $0.07xx will be hit very soon! The next support is $0.065.
Its current Bottom $0.06 will be tested again as soon as today...
When she purchased those shares the previous Bottom was only $0.105! Now the New Bottom was just $0.06! So she no longer purchased any shares! She needs to buy some shares at $0.15 in order to boost all the shareholder's confidence...
The Pos Scam just crashed to $0.09 so far! The current Bottom $0.06 will be broken down as soon as this week...
Sell CBKC ASAP before it is too late since its inevitable Bankruptcy is on the way!
Most likely we would never see $0.149 again in the future while CBKC is heading onto A Series Of New 52-week lows till $0.01!
How many stocks did the corporation buy back they were allowed up to 2 million I thoughtby
Will the Prepackaged Bankruptcy kick in as soon as this year? It seems very good chance to file the CH11 or CH7 Bankruptcy in October ~ November! By that time CBKC should crash to $0.01 or lower!
The bid dropped to 0.0931 today! $0.149 has formed an Unbreakable Top-Ceiling price and current Bottom $0.06 will be broken down as soon as this month...
All the common shareholders here should unite together to fire current Inept CEO by using our powerful voting right! Otherwise our shares will soon be Worthless!
It is very hard to understand why CBKC had bounced near 150% from $0.06 to $0.149 after a very bad 10-Q report on 09/11/2019! Based on the performance pattern after last disappointed 10-Q report (on 6/11/2019) CBKC should have already created Another New low $0.0251!
Who were buying million shares at $0.149 ~ $0.08 after this near Bankrupt Pos Scam just hit a New 52-week-low $0.06? Why?
Anyway it seems CBKC will break down the next support $0.085 very easily in the coming days unless those very non-rational $0.149 ~ $0.08 buyers continue to push it up to $0.149 again or even create a New high $0.19!
CBKC has already crashed to $0.101 so far from its Top-Ceiling price $0.149! The next support is $0.085.
However it has already bounced over 148.33% from its Bottom $0.06!
Will CBKC test $0.149 again in the coming days or crash back to $0.06 right away in order to create Another New low $0.0251?
As common shareholders we all should vote to fire current Inept CEO!
Any idea when will the company file the CH11 or even CH7 Bankruptcy? I guess the beginning of next year! By that time CBKC might crash to $0.01 or lower...
Anyway why CBKC has Quickly bounced 20% to $0.12 from $0.1 just a day ago?
$0.149 seems a Top-Ceiling price since the strong bounce from $0.06!
All the common shareholders should unite together to fire the Inept Crap CEO by using our powerful voting right!
why do I care?
new ceo was paid to do a prepackaged banko.
happens all the time.
new officer, they kitchen sink the financials and pile up the liabilities vs assets to make the banko happen with zero fvkz given.
When will the company file the inevitable coming Bankruptcy under the current Inept CEO? I guess at the beginning of 2020 unless the majority of shareholders fire her!
How could she earn over $1.01M a year but crash the company stock to almost Zero value?
Why CBKC could bounce 148.333% from 0.06 to 0.149? The dead cat bounce before the CH11 or even CH7?
Anyway the Pos Scam bounced to 0.1295 again from 0.085! Why such strong bounce? Will it hit 0.15 or higher before the Prepackaged Bankruptcy?
Why this Pos Scam crashed to $0.11 from last week's New high $0.149? It seems CBKC is heading onto its New Bottom $0.06 testing now and we might see Another New Bottom $0.0251 as soon as next month since the Year-End-Tax-Loss-Sale season just kicked in this month and $0.149 seems a Top-Ceiling price forever!
Anyway if it goes up again I would liquidate all my shares around $0.15...
Disagreed, my friend! The CEO is paid with $1.01M a year which is horrible Overpaid based on her terrible performance! I think she should be paid at around $50K a year to be justified because she damaged the company Net Assets by 70.03% and she also damaged the company Cash Assets by 90.313%!
CBKC will quickly crash to $0.02 ~ $0.0251 or even $0.01 if she continues acting as the company CEO...
Anyway CBKC has already bounced 151% from $0.06 to $0.149 which is after very bad 10-Q! I'm just wondering who bought so many shares at $0.149 ~ $0.11 and why?
I bet CBKC will crash back to $0.06 again as soon as next week since strong buying power are dried out now...
CBKC should file the CH11 or CH7 Bankruptcy at the beginning of 2020 based on the crashing speed of its Equity and BV! The next quarter the BK will be $0.1xxx, then Negative BV in the followed quarter...
It seems $0.149 will be the Forever Top-Ceiling price since the price already crashed down to $0.12 so far!
Anyway the current Bottom $0.06 will be very easily broken down very soon!
usually they hire a new to rework the books, kitchen sink the financials before they do a prepackaged banko.
New high $0.149 yesterday! Will CBKC hit Another New high $0.18 in the coming week? I doubt it since the company has $143.676M Huge debts now! And such High Brand-New debts (Zero debt before CBKC hired the New CEO in 2018) could easily force the company to file the CH11 or even CH7 Bankruptcy in a couple of quarters...
Who would buy a Soon-bankrupt stock at Triple of its New Bottom $0.06?
I bet very soon CBKC will crash to $0.02 ~ $0.0251 or even $0.01 because the business is rapidly collapsing with the current inept CEO!
She is out of her depth, totally. Why struggling apparel companies chose in 2017 and 2018 to hire people who were not qualified just because they could be had at a cheaper price astounds me.
Like anything else you get what you pay for.
To many in 2017-18 skipped a few rungs as they headed up the ladder.
we were interested short term and it worked - what's your point? they're going bank-o? that's like caring if an xgirlfriend from gradeschool got married.
Very Bad News! The 10-Q just kicked in at 4:29PM (after the market closing today)!
The financial outcome is terrible: they only have $2M cash left now while they took a brand-new Huge Debt $145.689M v.s. previously CBKC had ZERO Debt before they hired the New CEO in 2018! The Net Asset was also terribly damaged --- from last year's $40.24M to current $12.06M only! The Cash Asset was horribly damaged --- from last year's $23.15M to current $2.24M only!
Before they hired the New CEO in 2018 this stock was traded around $1.00! Now CBKC stuck at $0.06 ~ $0.08xx over Two months!
Therefore the BV crashed to $0.31 from last year's $1.05 and the Cash value crashed to $0.05 from last year's $0.61!
So CBKC should crash to $0.02 ~ $0.0251 from current Bottom $0.06 as soon as next week...
Hopefully tomorrow it still could hold up the current New Bottom at $0.06!
$0.05 as soon as this Friday?
Is it possible for the majority of common shareholders like us to remove the current CEO since she has been performing very badly during the last Three quarters?
The current CEO crashed down the Equity Value by 70.03% from $40.237M to $12.06M! The CEO also crashed down the Cash Value by 90.313% from $23.144M to $2.242M since she was hired Within only three quarters! This is the Worst CEO performance record among all the public USA stocks!
The Book Value crashed from $1.05 to current $0.31 and the Cash Value crashed from $0.61 to $0.058!
She has destroyed CBKC from $0.66 to $0.06 within just a few months! If we don't fire her then CBKC sgould crash to $0.0251 or even $0.01 in the coming weeks/months...
I am out now, loaded dips a few times for spikes to get out entire sack even, I watch it, may jump in again, bad taste in my mouth.
Need a new CEO the one they have is a neophyte, was hoping she would have been good, but, she is out of her depth, but I watch.
Why CBKC ever crashed down 58.042% to $0.06 from the previous Bottom $0.143 after last 10-Q financial report on June 11, 2019?
Will it crash to Another New low $0.02517 after yesterday's New 10-Q financial report?
Anyway I wish $0.06 could hold forever Bottom support for us!
Why CBKC crashed to $0.085 yesterday after it just hit $0.115 with 91.67% huge bounce from $0.06?
Why CBKC is such bearish though its BV is still over $0.31 per share from yesterday's 10-Q!
LOL, the stock has $0.47 per share Huge Positive Book Value v.s. CBKC is trading at ridiculous low price levels $0.115 ~ $0.06 most recently! Why?
So CBKC is onto the new road to an huge business success in the coming months and the coming quarter will create some milestone records...
Do you know how the New Chief Marketing Officer turned around the sales and revenues?
Hopefully the company will report very positive business results very soon after all the most recent business initiatives!
I bet CBKC will quickly test $0.2195 again in the coming days/weeks due to Hyper Undervalued and Hyper Oversold ststus!
One of the first signs (bad ones) to look for in retail is QoQ YoY inventory build its been happening for 2-3 years not a recent thing because of tariffs.
we don't advertise exits
Could you explain why your suggestion to the company would help CBKC? I noticed they have 456 stores now, down from 462 stores a year ago. Also they increased the inventory by 21.2% in order to save the money against the tariff increasing and support their expanded pant program as well...
Will the company reject that $0.80 per share Cash-Buy-Out deal again should a potential buyer submit a new Cash-Buy-Out proposal? Most recently the CEO said CBKC should be worthy over $1.00 per share which is why she denied that Cash-Buy-Out deal! It sounds very stupid to do that considering the stock already crashed to as low as $0.06 in this August or last month.
Do you think that CBKC will hit its recent high $0.66 or 52-week-high $0.83 again in the coming weeks/months?
Let's see if CBKC will hit its most recent high $0.22 again as soon as this week?
Hyper Undervalued now! Hyper Oversold since it hit $0.66 in this January!
Wow, the CEO purchased 141,250 common shares from open public market at $0.1303 per share price! That is a great news to all the common shareholders!
How could CBKC drop to as low as $0.085 now after Hundreds Of Thousands shares Slapped at $0.115 ~ $0.1099 this early morning? It seems someone's manipulation sales in order to load up Dirt Cheap shares below $0.115!
Yesterday the real daily low was $0.097 and daily high was $0.11 and how could today's daily high is $0.115 and real daily low is $0.09?
I bet this hidden gem will soon bounce back to $0.115 again after getting rid of all the remaining weak hands...
Keep in mind the Positive Huge Book Value was $0.47 per share from last quarterly report!
Well I'll be damned the CEO purchased 141K shares @.13 I like that.
Peace out.
Christopher & Banks Corporation Names Rachel Endrizzi Chief Marketing Officer
https://www.businesswire.com/news/home/20190617005075/en/Christopher-Banks-Corporation-Names-Rachel-Endrizzi-Chief
Company seems to be commit to succeeding
They need to sell some of that inventory IMHO, at their size they should have no more than 15 mil in inventory. They sold off a little but they need to put it into high gear IMHO. that is just cash sitting in a warehouse doing nothing, sell it and get that 25 mil that it cost them back at least.
Close 40-50 stores stop with the opening.
We shall see what they do.
CBKC still has the right to buy more than 1+ mil shares of stock yet
Is CBKC now on the move up now up 37% from a buy early morning.
you're incorrectly assuming we tell you when to sell.....
You meant within 90 days CBKC will be traded at $0.66 ~ $0.429 or higher again? Any very good news pending now except the coming 10-Q? Anyway it is down to $0.1455 so far! Why the sell-off today before next Tuesday's Key 10-Q report?
It seems very hard for this hidden gem to move up or move down one penny or two pennies sine the price has tanked at $0.143 ~ $0.17 for so long! Do you know any particular reason?
IMO, the company better accept that $0.80 Cash-Buy-Out deal ASAP!
With some right news this hidden gem can easily and quickly surge 5-Bagger within just a few days based on its huge BV ($0.54) and high CV ($0.27)! So anyone stuck at $0.40 ~ $0.60 should be easy to make even or make decent profit once they have patience to wait!
On the coming Tuesday (June 11, 2019) the company will report the next 10-Q which should show us if the New business strategy from the New CEO start to turn around the company and back onto the right track or not? If the answer is "yes" then they should not close any store unless some bad ones! Otherwise selling out more bad assets to preserve more valuable cash will be a good strategy for the long-run growth and expanding...
Agreed, CBKC has already bottomed out and is ready to soar back to $0.66 or higher again!
I get it, but, they have been having this strategy for a while, I haven't added yet down here. I was blown away that last year they added stores? They also made the decision to bring in a real estate advisor to negotiate new leases and try to renegotiate some others, I don't know why this cannot be handled on their own.
In the current environment and the one they were going through last year they should have closed at least 15 stores and opened none or maybe 1-4 at most.
I am on the bid as you are and will add, I mean cannot go down from here, IMHO stay off the big board for a year get their shit together and when the price recovers easy enough to get back on it.
I am not in to deep cost is like .40 but, just frustrating to see them fiddle while Rome burns and then two not once but twice in a 12-15 month span turn down two offers to be bought up at a premium?
Nothing happened in this March! What did you expect then? Anyway the stock symbol was just changed to CBKC (OTCQX Exchange) last month from CBK (NYSE Exchange)? What kind of event would push CBKC back to its most recent high $0.66 again?
Do you know why the company rejected that $0.80 per share Great Cash-Buy-Out Offering?
Why the company management believed CBKC will be sold above $1.0? Why they din't take such good deal --- $0.80 per share cash Buy-Out?
Do you know why the company turned down that $0.80 per share offering? Perhaps because they thought CBKC worth more than $1.0?
CBKC: Well, if they have already worked out a New strategy to turn around both the revenue and profit then closing any existing store would be a bad idea! Otherwise closing more stores to preserve more Valuable cash makes great sense to both the business and all the shareholders!
As I said yesterday this hidden gem has already Bottomed out! I just placed my selling order at the public offering price $0.80 per share! Did you pick up any Dirt Cheap shares at $0.1618 ~ $0.152 today?
I wish the company made the fast decision to take $0.80 a share Huge Buy-Out price so that we don't need to sell our shares at all!
The excerpt from this article needs to change to closing this year not 2 1/2 years. they been promising store closings forever.
"A lot of things haven't been going right for the women's clothing retailer Christopher & Banks, which has decided to close between 30 and 40 of its more than 450 stores over the next two and a half years."
Showing some life. Hoping for a nice recovery for all patient investors
Me too, I am in .40's CB nut would love to do some flipping and flopping to take care of that, at some point it will get loaded hard, they always do.
Well, it seems CBKC has already bottomed out at the New 52-week-low $0.143 today! I didn't get any shares below $0.15 though I had buying orders at $0.143 ~ $0.1499. Thus I slapped some Dirt Cheap shares at $0.16 ~ $0.15 and I'll continue to buy up those dirt cheap shares since CBKC worth more than $0.80 per share based on a most recent Huge Buy-Out offering from a Big institution...
CBKC is a OTCQX tier (the Highest OTC Tier) stock which was just downgraded from NYSE exchange a few weeks ago!
CBKC is Hyper Oversold most recently --- from $0.66 to $0.143!
CBKC is also Hyper Undervalued now --- $0.54 per share Huge Book Value and $0.27 per share Huge Cash Value!
It is very easy for a Quick Triple Huge bounce from its New Bottom!
CBKC is currently the Cheapest stock among all its Thousands peers!
Hopefully the company will accept that $0.80 per share Buy-Out deal!
I like the load zone in the .10-.12 area. I know that is where I am waiting to load up. These brick and mortar retailers are having a tough go around right now. We see many of them struggling. I think some will make it, or change their business model, others will go away. I know I am watching several right now, just wanting to trade them, I am not willing to hold any brick and mortar retail stocks right now, just in and out of them.
Yes, CBKC just created Another New 52-week-low $0.145 yesterday! The current Bottom was tested again today! Why it crashed to $0.145 from its most recent high $0.66?
What is your prediction for the final Bottom here? $0.1 or $0.05?
Anyway I would buy large amount of shares if CBKC breaks down $0.13!
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