Well, didn't I tell you that this POS would drop..... 8 is the target price, you know.
How many of you were advised by the company or any of its hencemen in advance of the earnings announcement that times might be tough and the earnings level may not be sustainable????
This out of the blue, bad news schenanigan has all the earmarks of Mich on it. He did it a few years ago and the analysts wrote him and Pepboys off as not compliant with the investment community. And the stock streamed down BELOW 8.
Some of you speak so proudly of the dividend yet you all are mostly braindead that dividends MUST not exceed earnings if a company is to survive. This is just Business 101 truth.
As heard on CNBC this morning - Pepboys -- Manny, Moe and Scooter.
Keep talking Martha it is good for business. My business of making money on PBY on the long pos. Just bought some yesterday for 13.40 and already making money. I have to admit that anthing over 16 is when I'd think of selling my shares.
Martha lets make a little side bet. I'll bet PBY goes over 18 before it hits 8