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Pep Boys - Manny, Moe & Jack Message Board

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  • daninfw04 daninfw04 Sep 4, 2009 4:26 PM Flag

    Zack's Upgrade

    I suspect authorized increase in shares will be used after Gray Wolf results which would mean shares sold at much higher prices, possibly above book value. It is a very valid concern. DPTR was above $2 when the 173 million were issued at $1.50 and shares dived to 88 cents very briefly. I would buy now if price gets below $1.75 again. For disclosure, I currently own a large position in DPTR bonds.

 
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