i've lost my shirt on SPLS. Quit saying that it is a good buy because this stock is going nowhere but down. I have no idea why
SPLS tanked so bad. It used to be good.
Don't question why the stock is falling, question
why it ever
got to such extreme valuations in the
first place. SPLS will
probably need to set a new
record for volume to prove we are near the low. It looks
like the record is over 30 million shares
in a day.
I still have my $12.25 target for the low. Let's
how close we come to it.
My sister is a Salesperson for Staples to
Industrial Accounts. She said Back to School usually means
an uptick in the price of Staples stock, and should
be the time to buy. The market sure fooled everyone
But long term, these stocks will be
back. This is a hugely profitable market.
I have followed spls since before last years
split and played it serveral times for a substantial
profit. I am back in today! There is a great upside
potential here...I am setting a target of 26 and a downside
stop loss at 18.
GO SPLS! ;)