FDO still seems like a good buy. Even though it's come up quite a bit lately, it still only has a trailing P/E of 17, forward P/E of 14. That's relatively low historically. The P/E was as high as 31 in 2003. There business model seems to be a good one in our mediocre economy. Discount and thrift stores are doing well.
I'd sell high-end retailers right now, but hold onto FDO, WMT, TGT, etc.
They're gaming, it's a business issue, or they're trying to get cheaper shares. BTW I only saw 2 rating today: Piper cutting to underweight and Wedbush reiterating neutral with $40 target. Where did you see GS? Also this is a $50-$60 stock within the next 2 years. I'd take it.