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.