People are real bad at remembering history. Last February we were in panic mode. Last March we were in panic mode. Ride this wave of optimism for as long as you can. Pretty soon the institutions which got free money to invest in the casino called Wall Street will be cashing out some chips to take that 0% / 10% capital gains to their Swiss banks. When we see home prices and stock prices deteriorate, we will all be feeling pessimistic again and wondering what is the official definition of "recovery".
I want to see DDS hit $25. Let's get it done in the next few weeks.
The market is waiting for more positive news from DDS management - IMO. More store closings and organizational moves that reflect cost savings may take the common to $25 and beyond. Twelve clearance stores are on the books at the present time. Some are surely poised to take the final step and close. Investors are there and waiting to make the move on positive news from management.