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Galyans Trading Company (GLYN) Message Board

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  • Draftcard Draftcard May 16, 2003 1:19 PM Flag

    cnbc link

    The stores look horrible, they are over assorted, with little backstock. I am shorting this stock based on the fact they look disorganized and struggling for direction.This situation will create an unfavorable SSS, driving the price down.

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    • GLYN's have outstanding stores---they're not expanding exponentially without strong customer approval. Besides the GLYN financials with a value PE and a growth PEG, this is one of the main reasons I hold the stock. Their comprehensive line of sporting goods allows meeting my/your total needs.

      Anyone shorting this stock when institutions own over 100% of the float needs their head examined. Institutions have bought all the float and your shorts also. You are in sad shape to get your shares back.

      GLYN's has slipped with retail under pressure but $15 has been a strong floor and I expect it will continue to hold until the push to $20.

      Kiss you butt goodbye shorts. Its going to cost you over $20 to get my shares while institutions hang on to theirs.

      Long & Strong GLYNs.

 

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