Lots of big trades. A big one (115,000) before closing. That should bring the price up in the morning. Hopefully, it won't sell of at day's end. Alot of investors don't like holding stocks over the weekend. OMX and ODP both down, today. We were up 7/16. SPLS should be back on track soon. (Just my opinion)
Just out of curiosity does anyone recall staples last stock split. I just bought spls and thinking about picking up a bit more and I wish I could find a web page that lists splits of the past. I truly believe that this is a good long term hold, and splits are the fun part I think
Is there any truth to the rumor that Staples is absorbing Corporate Express (CEXP)? I'd like to hear your thoughts on the subject. Can anyone tell me about Staples Delivery Division? Do they have one or is delivery contracted out? Are the delivery employees hourly or a bunch of independant contractors?
Monday should be a good day for the market, as investors pick up on all of the bargains available today. A couple of down days and stock prices are at lows. These are the days that buyers wait for. I received the SPLS annual report, yesterday, and voting proxy. If you read the report, you will understand why investors hold this stock. Have a nice weekend.