Just checking over report. Read that revenues increased 20% year over year. Where do you get the down 7% number from.
As long as all these sellers are reading the same report I am, I still feel comfortable buying their shares at these prices (especially under 18). These are probably the same sellers that hammered the stock when the company announced an aggressive strategy to become the clear leader in the business supply internet arena. SPLS institutional investors aren't known for being anywhere near the top of the learning curve. The only problem with taking advantage of unintelligent investors is that you don't know how long they can remain that dumb. But you do know that in the long run, you'll make money off them. So SPLS continues to be a fantastic long-term play. Short term, you've got to think like an idiot if you want to make money here.