I thought I did all the things right when I first bought into SPLS but what can you do? This market is devestating SPLS. I bought in large at 16 1/4 (6000) and have been buying ever since, some 12000 shares MTD.
This is a great company with nothing but upside. It is tremendously under valued and they will beat earnings estimates come Nov. Be patient, we will see the high teens by mid Nov.
Brother you and I sound like we are joined at the hip.I'm holding 20000 shares @ 16 and really wasn't worried untill this week.I understand your take on spls and have confidnce in it's management.But I'm beginning to get a little nervous with the irrational behavior of the market in general.I sure hope we get your anticipated pop on this company.
You must be out of your mind!Take hold of both of your hands and GET A GRIP!All of the OP retailers are down simply because of one "expert" (LOL) analyst that may not know his butt from a hole in the ground.Regardless,SPLS IS the premier retailer in their market and will continue to be while ODP and OMX are busy trying to find their ass.
I'm sure vultures like you are waiting for people to sell at these prices. Today we were falling in sympathy (AGAIN) to that shitty company they call Office Depot. SPLS virtually warned on the upside yesterday, but we still fall in sympathy to the other shitty companies within the sector. As the earnings date approaches, SPLS should rally, and I'll be damned if it doesn't!