Christopher & Banks Corp  (CBK) Trade Now »     Rate CBK  -  Discuss CBK  -  Add to Watch List        

Here are two cheap retailers that fill three requirements, they have a large amount of cash, little or no debt and have sold off significantly the last year.<!----> Can they get cheaper? Sure, but as a former co worker of mine used to say, "you got to own something."

The first up is Charlotte RusseHolding, Inc. (CHIC) - it has $125 million in cash, or about $5.00 pershare, as of 3/29/08. After the quarter ended, CHIC bought back 16% ofits shares for $73.4 million. This reduced its cash balance to $52million, still a nice nest egg, and no debt. The stock has lost about half its value over th

I found a good comment about Dan Sullivan , the founder of The Chartist , a well-regarded investment letter, who advocates an investment philosophy that isn't far from my own:

"For both his stock market and fund services,