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Ingles Markets, Incorporated Message Board

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  • wall_street_mayhem wall_street_mayhem Sep 3, 2011 12:52 PM Flag

    Couldn't Even hold 15 for more than a few days

    Not that it matters much but I posted that a Thursday and the market DID NOT get hit that hard that day. It held up much better than I thought Friday. It would have been nice to hold 15 though. A bit OT but this administration has GOT TO GO. Have you seen the yields on 10 and 30 year treasuries!?! Absolutely amazing. With rates like this you would think a "conservative" interest rate for this stock should be 3%. That would make IMKTA around 21 right? That would also put it with a multiple of 14. Doesn't that sound reasonable? I don't get it at all. Have a fun, safe labor day weekend and I'll try not to think about stocks or more specifically IMKTA. :) Take care.

 
IMKTA
47.61+0.33(+0.70%)Apr 24 4:00 PMEDT