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Pep Boys - Manny, Moe & Jack Message Board

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  • martha_on_the_ragg2 martha_on_the_ragg2 Dec 18, 2003 9:24 PM Flag

    simply awesome!

    Idiots have bid this dog up. No question it is high. But stock price is not justified in light of the past loses.

    It is not good business at all to lose money and then continue to pay a dividend.

    Mitch is still on the sidelines. His bad judgement will still show this stock up for what it is.

    Just wait til they ask you all to buy Xmas gift certificates.

    This stock will drop soonly.

    I have spoken and I have always told the truth gleened from insider information.

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    • The only idiot appears to be you. You have forcasted a huge drop for months now, only to see it skyrocket higher. When have you been correct? Your intelligence is shown in your statement

      "This stock will drop soonly."

      Good job ragg. That correspondence degree is paying off BIG for you!

      • 1 Reply to njski6661
      • It's been a pleasure, albeit suprise, to watch this stock gain share and momentum power. How long can it last? We'll see what sort announcements, if any, are made in January. With fiscal year-end coming and the announcement that they would not meet expectations, they have to start the first quarter off strong. Larry may be able to do that, but probably only if the fourth quarter contains "one-time charges due to the final restructuring of this supertanker". There is still room for some cuts on West Allegheny.

    • Merry Xmas Martha.

      I'm beginning to think that this pos is a little higher than it should be but then I sold just above 15. What do I know?

      You need to back up your drivel with some hard facts. Come on Martha surprise us!

    • Of course it is bad business to pay dividende when you are losing money this quick. But it fits in with what I have been saying all along. The old boys just keep stealing money from the company. If you think of the amount of shares they hold and the fact that they keep paying it a dividend you discover why. They paying themselves first and foremost. That and if they stopping paying it many long term holders would bail.

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