IMHO at the moment Staples is at the bottom of
its present trading range (21-28),and now will head
upwards till earnings, (which should be good) and either
free itself of the range traders(who have done well
chasing the price up and down)
to climb to a new level
in the 30's. More likely a new higher trading range
Fact`s are :This stock will split 8 x in the next
It`s been stated by many
Mutual Fund COmpany`s.
A: Has fantastic
B: Great growth & revenue
C: Superb P.R. &
D: Great product for all your computer needs
and office supplies competively priced.
Awesome Company>> 90 % upside from HERE !!!!!!
yup..I'm with you...I may lighten above
so...just because 4 points in 2-3 days
keep a LT hold as well...I do
agree a sub-25 price
little by little on my buy
limits with this
The agitation indicator worked! No sooner did I
mention the words and the stock popped.
I say we
go up this week too, but it's an easier call now
that it went up 3 today. Sorry I didn't get back to
you sooner. Expect to break the recent high by
earnings. Was way long at about 23.5 but took part of the
money and moved it to Novellus today for a quick
profit. Works out it would have been about the same had I
left the money in Staples but I had all my eggs in one
basket and now I don't. Have some extra cash to look for
a bargain. Will buy on the open if it happens to
dip, but I don't think it will. Will sell my position
or set stops anywhere above 29 depending on how
strong it looks.
Good to hear from you and I
appreciate the kind words. My sense of humor is pretty dry
sometimes and some people may not always think it is funny.
keep up the good attitude. I like your
of humor myself. So, getting back to our
of the board (SPLS), let's talk
shop. I say we go
UP this week, IF the
overall markets are
neutral/decent. I may
buy more, but I have a large (for me)
So, I may just ride through no matter
earnings.....Where are you ??
I don't know if you read my original message, but
If you had and then were able to comprehend what I
had written, you would see that I was being
completely honest but that I also try to have a little fun,
even when the markets are down and the stock is
trading lower. I'm sorry if I offended your sensibilities
in any way.
The stock has been very good to
me also. I want you to know that I am very humble
and don't "brag about my picks" or "rant and rave" as
you so eloquently stated. I also do not engage in
name calling. I do believe however that it takes one
to know one.
I believe you need to get a life
and then spice it up with a little
Your are an IDIOT! I was in at $17.00 and
stock has been very good to me. HOwever,
gotten in to things like XEROX
However, I don't 'rant and rave' about my
brag about my good picks. Please,
lets try and keep
this board intelligent and
concentrate on facts.
Someone either wins or loses. Stock was good
depending on who you ask.
This stock is at the low end of its range.
However, trading ranges is just a product of applied
social psychology. Long story short, there has to be
buyers for the resistance at 21
1/2 to be held.
You can argue that it will but the simple fact is
market sentiment in anything
outside of the tech
sector is dwindling(i.e WMT, ANF, GPS, TOM).
Many hope this stock will hold. But if it does break
21 all the shorts will be salivating and people
afraid of a drop in stock will also cut their losses.
The wild card in this whole scenario is earnings on
3/2. Prognosis: Expect a wild week for this stock(i.e
SPLS should move to a higher trading range in the
next six months, although this may well not happen due
to the excessive snatching that occurs in the
I'm in at $21 and $22 and will take some profit at
high $20's, but too many substantially reduce their
holdings at those levels. Don't they realise more modest
profit taking would move SPLS to a higher
I pray for the day that a higher range is achieved
which leaves you behind.