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Family Dollar Stores Inc. Message Board

  • wavesearcher99 wavesearcher99 Apr 10, 2013 4:40 PM Flag

    no reason other than the bull market for this to go up today

    no reason other than the bull market for this to go up today
    very suprising pump and escape for funds-8 million volume-a lot must have been getting out-who is buying when they ran up from 57 to 59.50 pre earnings-then miss and give bad guidance?

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    • I think the liquiddity is just forcing it's way into anywhere it can find a home. Intererstingly, with today's breakout move the up/down volume was negative. While this might be the worst of breed in the discounters, with all the money looking for a home, I wouldn't want to go short either. Your short idea 2 days ago on XRT wouldn't have played out well. You can say the rally is getting long in the tooth, but just read todays fed minutes and you'll get an idea why shorts might continue to get run over. G.L. Any other short convictions?

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