Funny how one day later the stock is suddenly up
and still up after 10 a.m. I still say somebody read
my message and got nervous about getting caught.
Just a theory.I have 3 relative who are brokers and
yes manipulating goes on all the time and a handful
of time, charges of illegal manipulating have stuck.
So I will continue to watch and see if it gets
up from here. with wag history of solid earnings,
and with the future earnings only to expand, wag is
one of the most solid companies in the market. look
at its long term chart. its steady uptrend, in the
long term, is matched by few. this year is an
adjustment year with all the new stores and the online thing
coming into play. wag does not have long before it
catches up to where it should be trading. i think on its
next short term uptrend, it will keep going up and not
look back. funds are going to start piling into wag, a
secure and profitable stock, for the new millenium. the
time to buy is now before it starts to take off.
Does anyone on this board recognize that WAG has
been driven up to be an overvalued stock this past
year. At p/e's over 40 (50 early this year)investors
will stay away, particularly institutional folks.
These past 7 mos. have been an overdue correction. WAG
is still a great company but its price went past its
performance. I've been long for years and will stay long.
i am very confident in this stock, and even
though we are still down a bit, i have no doubts that
long term the stock will trend higher..
the fundamentals;; no debt, solid earnings, and the
company is continuing to expand,,, 6000 stores by
Their online merger with Merck pushed them up 6
3/4 yesterday. Wag had to join in sympathy. Let's see
if they can hold or build on the gain today. It
would be nice to see them advance on their own merits
rather than others. Otherwise, just a false bounce.