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Pep Boys - Manny, Moe & Jack Message Board

  • x2073 x2073 Jul 12, 2001 4:21 PM Flag

    gentlemanjohn

    The market is the enemy!! We must go for the lowest price. So if the situation is not absolutely perfect there are other fish in the sea.

    LU is far from perfect. Even you admit it. With things being tough all over (I'm repeating myself) look elsewhere.

    UAL and DCX and MTF - the next PBY's.

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    • Iapplaud you for the homework om LU. Normally posters spew nonsense with no justification.
      You at least have looked a little deeper into the situation

      I still have to disagreee with you though. LU is a huge value play much like PBY was last year at this time. LU is so oversold that with any hint of good news on the 24th it pops over 10 at least. At that point I could cover my entire investment in that issue by selling about 45 % of my shares. Then I will let the rebound for them to go on and on.

      The problem with this market is that you have too many great buys right now. I have all of my cash reserves tied up right now because of all of the buying opportunities. That should change over the next few weeks with a couple of positive earning reports. I have about 20 great buys right now that I would move on in a minute, of course that 20 may change next week.

 
PBY
11.92+0.21(+1.79%)Aug 4 4:02 PMEDT