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Dollar General Corporation Message Board

  • dk5656 dk5656 Aug 24, 2012 4:48 PM Flag

    for Joy

    I'm having trouble with Yahoo, but I did get to read your question below about why we're down lately in spite of evident reasons. The stock market is, short-term, unpredictable, which is mandatory. Some of the madness is caused by crooks and criminals, some is caused by insiders, some is caused by large players. That's why DG appeals to me, but not as a stock to own for just a year or two. Long term, DG looks like an appreciating investment. I think that what I perceive to be their business model, should work well for years to come. If so, the major potential problem I see is a bad Corporate Board allows Management to steal from shareholders via inflated salary or bonus. I don't really know much about that type of thing and how it may have an effect on DG. Haven't really studied it, but the idea Buffets' people are involved makes me think the board is likely to be responsibly appropriate. $10 or so up or down in a years' time is to me, acceptable. I don't like that it's going opposite lately, but the whims of Wall Street are certain. Wish I had the fortitude to pay no attention, as to me, this is an investment best left alone for at least several years.

    Sentiment: Strong Buy

 
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