GBG is a POS showing massive relative weakness. Chart supports that. We are here to make money. Chart shows 1.51 to 1.53 range & maybe 1.54 if you are willing to wait for it. Whats wrong with making 2 cents? And as for ODP giving away backpacks to entice walk-in traffic, moms take kids to Wal-Mart, not ODP for school supplies. Go look at the mess in the school supply aisles per all that traffic IMO.
Stocktrader486.....I agree. I have been waiting for a low entry point, which I believe we have........but the stock just hovers within a penny or two each day. It almost seems no one is giving it a chance of moving back up. I think the negative statements about Staples, in the market, may have hurt and spoked people away from Depot more than expected.