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Pep Boys - Manny, Moe & Jack Message Board

  • shorthighcoverlower shorthighcoverlower Nov 29, 2007 10:05 AM Flag

    Nice rally-impressive relative strength

    PBY is strong today with the overall markets weak. Today's relative strength is due to short covering and Bargain Hunting. The shares are now close to book value and RBC Capital Markets will probably upgrade as PBY's results were really not that bad infact they were expected to earn 2 cents and they came in at 8 cents before one time charges.