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Barrett Business Services Inc. Message Board

  • burgresident burgresident Jun 5, 2013 10:24 AM Flag

    Capped Out?

    Given the sideways slide of the last few weeks, I'm thinking the natural high for this stock may have been reached. Trading range seems to be between 57-60...yes, I know, it hit 62 but did it ever make it back? Normal volume (30-70K) and a fairly consistent range.

    Just something to think about...one year ago, this was a $19-20 stock. That's a 200% rise and a super ride for anyone that was on board at that time...but... In that time, the fine Divvie yield that "used to was" has dropped to under 1% and the price charts seems to be flattening...might be time to take a breather.

    Looking at market conditions thoughout the USA, we seem to be entering a stall of sorts. At least that how it appears in my little Ohio region. Not sure how the West Coast is doing and that's where BBSI does nearly all of it's business...comments?

 
BBSI
58.21+0.93(+1.62%)Apr 17 4:00 PMEDT

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