from spls. To much overhead, to many employees,
profit margins to thin, can't raise prices. Probably
will announce layoffs and cutbacks.
short it after the big declines but can't hold long
either. probably a $20.00 stock for the next 2 to 3
Must be due to the good WMT news (earnings were
3c above). Hopefully that will slow the decline and
turn it around. I am trying to figure out what to sell
in order to raise more dough to put in this baby.
Great strategy huh...? They always say to sell your
losing stocks...but for some reason it always feels
better to sell the winners (jdsu, txn, qcom) and take a
I'm with you. Notice that the
same broker downgraded ODP and OMX "market perform".
Think about what that means? If the market goes up,
they go up or visa versa. The brokers just want to
make a comment meaning nothing much. A bunch of
On the other hand, the same broker grades SPLS
"accumulate". So what does that mean? How can one accumulate if
one has no shares? He would have to buy.
Now we have 300 sh buyers who are down 5 pts. and
screaming their heads off. Some of us have 1000 or more and
have watched SPLS go up and down over the years in
market action or reaction. There's a difference between
investing and pot shotting. It's like signing up as a
regular or being drafted for 2 yrs. But who knows
anything about that anymore? When the going gets
you look up Downgrade in the dictionary, you will
find the meaning in regard to Brokers,,, ==
manipulation.Plain and simple this equates to a great buying opp.
Like i said before, back up the land rover, truck,
station wagon or whatever - and LoaDDDDDD up !!!!!
Not only is staples a great buy right now...but
others are also out of favor. WMT, HD, GPS are also
starting to look good. It is a sector thing and not a
company thing. Higher interest rates pull down retail
stock temporarily...I bet by sept/oct we will be back
at old highs and then some. :-)
Gotta go with
the beaten downs...drug stocks...internets
Just my 2c on a quiet
Friday afternoon. Can't wait for monday!
The site you are referring is displaying
technical analysis of the stock only. I use Wall Street
Analyst and if I were to evaluate this stock on that
basis, I would receive the same analysis they portrayed.
I ran this on my program and reached the same
technical analysis per se. However technical analysis
should not be used by itself as the only factor in
buying or selling. Technical analysis reference does't
reference any fundamental or current data or news. I do
believe SPLS is a great buy and holding long.My
evaluation is not based on Technical Analysis only. Good
Luck with your trades.
I am going to try to post a link to a site called
barcharts. I saw it on another Board and looked up SPLS. It
says 'sell', but I'm wondering if this is all 'after
the fact'? In other words, it seems to me that the
'selling' has mostly been done; so shouldn't these charts
say 'buy'? I hope it posts as a