Check out Books-A-Million BAMM. It has a very low P/E ratio. Great sales growth and earnings! Don't waste your money gambling on this overvalued stock. Buy an true undervalued company that will triple in the next 9 months or less.
BAMM is/will be on the net like Amazon and soon as the street finds out it is going to fly and jump from $5 a share to 20-30 a share. Check out the numbers for yourself.
If you look at a chart on BKS, there is a peak that exists. If you were to mark the upper most peak of that spike, That was me not selling the stock but actually buying it. Boy am I good. Losing money everyday on this.
It's ok though as this is a long term investiment for me and I know who will come out on top in the end. Out.
I know how you feel. If you look back to the 5-year chart, you will see in the Q 3-4, there is a nice peak. I got in between the two spikes (about $18/share, split adjusted). It took along time to come back, but I am glad I held on for so long. An I'm not selling anytime soon. Hang in there! Management knows how to sell books and make a profit too!