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Pier 1 Imports, Inc. Message Board

  • joeschmo_4 joeschmo_4 Sep 26, 2013 11:14 AM Flag

    Excellent Time to be Accumulating PIR

    This well-run retailer is currently (below $20) at BARGAIN share price levels ... excellent and well-respected management ... web retail efforts still underway ... strong balance sheet ... a still-improving housing sector ... a one-quarter miss that has The Street overreacting (not unusual) ... plus the other seasonal and macro market factors unrelated to PIR dragging the whole mkt down.

    Buy under 20 and hold for 6+ months or a year or longer and likely see gains 20% or more.

    Cheers to fellow Longs!
    Joe

    Sentiment: Strong Buy

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