With unemployment still close to 10%, that's not going to happen anytime soon. The economy isn't turning around - this rebound is from the government stimulus and that's about to run out. Sorry to be so negative, but I'm still bearish on the U.S. economy - and bullish on FDO, because dollar stores should be among the few retailers that will continue to do well.
Well a good play in the current environment, and at say 17x earnings of 2.50 would give it 42.50. It has traded as high as 20x which would give the 50 figure I thought possible within the year. Personally the 2.50 figure I believe is low as more people gravitate to this type of shopping and the extended hours become more known\accepted.