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PetSmart, Inc. Message Board

  • jman6065 jman6065 Mar 7, 2013 10:30 AM Flag

    PETM downgrade

    I would look for this stock to double bottom off their daily low and then take a half position. It might not happen, but then you are not buying at current price and then having a flood of sellers blow you out. If it doesn't happen, you can review and see how it looks tomorrow. Either way, it is not a $62 stock, but there is no logic behind this drop, I could see if they could name specific competitors, but just throw out "we will have a slowdown" is BS. Good Luck

    Sentiment: Buy

69.92+0.25(+0.36%)Aug 22 4:00 PMEDT

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