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Staples, Inc. Message Board

  • nhoutsideobserver nhoutsideobserver Sep 5, 2012 9:56 AM Flag

    Romney and Staples Stock Price

    Somehow I think the downturn is Staples stock price is related to the Romney nomination. Basically, the stock price has collapsed since about the time he clinched the nomination.

    Now I know the Staples downturn is related to the Best Buy problems and maybe declining paper sales but with steady revenues, increases in equity and a 4% dividend, the current stock price makes no sense.

    After the election, either Obama wins and the politically driven short sellers move on or Romney wins and the stores get a halo effect. Either way, we are going to be much higher than the current price.

 
SPLS
11.485+0.430(+3.89%)Aug 27 4:00 PMEDT

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