All my sources (Zacks, whispernumbers, etc.) all
say 11/12. Has anyone heard differently. I assume
we'd be after the close. Part of me would rather have
another day. The 800 pound gorilla in the form of Dell
announces the same day and time. Hope SPLS doesn't get
lost. However, if we have a good number and Dell is as
strong as I think they will be (I'm guessing blowout
numbers), then get a small gift from Mr. G & boys the
following Tuesday, the next week to 10 days could be very
good to us longs.
The only thing to do now is
keep every vital anatomy part crossed until next
Who cares if P/E is too high, if stock has low
P/E it has a reason. IBD founder William O'Neal said
it very well..Sammy Sosa and Mark Mc Mgower make big
bucks why...their P/E is high..but it is performance
Hope it hit 40 tomorrow. Pray
If you really shop in a Staples you would know we
dont have rain checks! 29Q better than Wall Street
est. whats to wonder? They have set tuff goals but
they dil. all the time. There has been a shift in the
market and Staples is winning big!
thank you for letting us know your opinion...what
you have to say is important...but ...what are you
doing in a stock, on a message board that you can't
stand?...sell and move on...
disagree more with zebra spits opinion on saying spls was
a sell....look at the volume again today, up on
huge volume, lilttle over 2million shares than
average...this stock is coming out of a base, it is under
institutional accumulation and has been...it has been clearly
breaking out of a base for the last week...i have only had
call options on it and in fact i will be buying
regular shares tomorrow...
as for pe...again...i
couldn't disagree with zebra spit more...in my opinion,
P/E ratios of winning stocks performance has very
little to do with if a stock should be bought or not.
Percentage increase in earnings per share is substantiallly
more crucial than P/E for impressive stock
performance. If a stocks PE is cheap there usually is a
reason....Earnings earnings earnings and relative strength...
so when do you plan to sell your calls, mine are
Dec 35's; not long term enough take advantage of the
split. I plan to trade up to some late spring calls,
maybe further out of the money if SPLS builds support
solidly in the low to mid 30's, stochastics look
overbought, but they haven't turned down yet.... a pull back
and stabelization to the low 30's in the next few
weeks would make SPLS very strong going into the next
I am having a nice glass of red wine to celebrate
tonight. The whole market will probably sink into oblivion
tomorrow and next week, but things are looking good
Becuase of DELL going down, investor has to take
the money out from tech stock and put it into
something safe like SWY, SPLS, SLR, SBUX..etc.
my opinion. Hopefully we will see 40 before the end
Just keep an eye on BEFORE THE
BELL activity, if it is up tick..get ready for the
reward, if down tick then fasten your seat belt.
am long with CALL 35 option ( big block ), Hopefully
I should get some money out of it.
I was at a party given by Mongomery Securities
about 2 months ago. I asked them about SPLS(it's
probably my favorite LT holding), he said the main reason
that SPLS had held it value better than ODP and OMX,
even tho all three were really good companies, was
that SPLS had chosen to expand internationally in
Europe, and had bypassed the chance to open stores in
Japan and other Asian countries. He said SPLS
competitors had decided instead to expand into Asia. And
since the stench of Asia has been very hard to shake
this year by most companies who do business there,
that's the primary reason the share prices of the three
companies had diverged. With some improvement in Asia ODP
has perked up considerably.
Just between you and
I, I've been thru this split thing before with SPLS.
They announce them so far out before the split ever
happens, that the day traders who buy in for the near term
pop the announcement affords the stock get bored and
exit the stock. If this event cooincides with a
broader market downturn, you may be able to get out of
the puts at that time?
Anything... don't worry
about my feelings with the name calling, I have seen
much worse flames than that, the poor guy just lost
some money and he's venting. I feel for the guy. He'll
have to cover tomorrow, probably at 37, and that's
gotta hurt. I don't think SPLS is going to have the
same reaction with regards to whisper as DELL will,
everyone will just be so darn happy about the
Thanks for the answer zebraspit. As for me, the
board should have a place for shorts and long when
everyone knows their positions. Although I disagree with
zebraspit on the question of SPLS, I certainly welcome his
comments. We just have a different take. If we all agree,
we stagnate and don't learn anything.
me, I've had just the oppposite reaction to SPLS vs.
HD. HD just opened a new store near my house 2-3
months ago. Last week they closed it because it was
falling apart. That doesn't look good when a home
improvement company can't even build their building so it
doesn't fall apart. HD has run out the small mom and pop
chains, but they still have a great deal of competition,
especially from Lowe's. Around here, it's a pitched battle,
with Lowe's more than holding their own. Then you
throw in the ServiceStar, ACE hardware, et al and HD
does not have a free road. Those of us who are
hardware-challenged prefer a small store where we can get good advice
and will pay more for it. Advice from sales help at
HD (or Lowe's) is, from what I've seen, as good as
your next-door neighborhood teenager. No wonder their
building is falling apart.
I do what little
shopping I need for office supplies (especially my
computer stuff) at SPLS. The OD is a bit closer but I've
had the opposite reaction. The SPLS is always well
stocked here, and the sales staff is always on top of
everything. If I'm the second person in line, they invariably
open a second register. If the copy center isn't busy,
they ring up sales. OD doesn't do that, at least
I guess it all comes down to where
Was the report as good as I
hoped. Not quite. Not bad but nothing to write home
about either. However, this whisper number drives me
nuts. Who is it that is whispering. Maybe if some of us
had whispered .15 it would look great. The number was
.23. How was it in comparison to previous quarters?
What is the long-term outlook? How does the balance
sheet and income statement look? These are the critical
numbers. At least for me. The whisper number to me
certainly makes shreds of the concept of a "rational"
Finally, am I the only one who thinks that the name
calling (of both Rachimov and Zebraspit) needs to stop
Thanks for your considered argument. You do a
good job of describing past behavior of these two
things have a way of changing rapidly
and dramatically in the stock market.
A lot can
change in a couple of week(as we've seen recently), much
less, in a few months. (My puts are March)
of luck to you.