About a year ago, I wrote that I was thinking about buying Talbots stock. Not because I shop there, but because the blogs of "women of a certain age," were discussing how nice the revamped clothing line was. At the time, the stock was around $1.80 a share, owing to its feature as a "scary Halloween" stock by the experts, the Motley Fools.
Well! Today what do I see but a discussion in the Wall Street Journal about how the stock is now a Wall Street darling.
This is subscriber-only content, so you're not going to be able to see the whole thing. Needless to say, I googled for the stock price: $14.31. I was only going to buy 100 shares, but still, a couple of hundred dollars would be a nice bit of lagniappe in the budget.
Back in my first post on this, I wondered if we women should put our money into stock instead of (or in addition to) the clothing. It does seem that we were noticing SOMETHING that, as it turned out, eluded the "experts."
So ladies (and gentlemen), let's take our financial destiny into our own hands. As Emerson says, "Trust thyself."
P.S. I have no stock recommendations to make at this time.