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Tuesday Morning Corporation Message Board

  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Nov 26, 2008 12:32 PM Flag

    Is the stupidity over?

     

    The share price is up a bit as I type this. So what is the proper thing for pj to do? Answer: NOTHING. The idea is to buy more and more shares as the price DROPS, not as it rises. In other words, if you're bidding $1.08 right now, what were you doing when shares could easily be purchased for $1.01 this week? Were you asleep?

    Anyway, it could go down to 83 cents or whatever, and then I'd be buying more; however, I am not selling. What I am really looking for is resumption of the dividend. Even 30 cents/year commencing in 2011 would be fine with me.

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    • "The share price is up a bit as I type this. So what is the proper thing for pj to do? Answer: NOTHING. The idea is to buy more and more shares as the price DROPS, not as it rises. In other words, if you're bidding $1.08 right now, what were you doing when shares could easily be purchased for $1.01 this week? Were you asleep?

      Anyway, it could go down to 83 cents or whatever, and then I'd be buying more; however, I am not selling. What I am really looking for is resumption of the dividend. Even 30 cents/year commencing in 2011 would be fine with me."

      Why stop there. You can buy a whole lot more TUES shares if you wait until it drops to 20 to 25 cents, just before TUES files for bankruptcy. You hard-earned cash will go a lot further then. LOL

 
TUES
6.80+0.05(+0.74%)May 31 4:00 PMEDT