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Dick's Sporting Goods Inc. Message Board

  • wall_st_bling wall_st_bling Dec 23, 2010 12:07 PM Flag

    DKS gets clocked in the new year

    They will hold this POS UP through the end of the year, because it's UP for the year, and investors don't want to deal with taxable gains in April 2011, so they will hold it until 2011 to SELL, so they have a whole year to deal with their capital gains.

    This is easy to see.

    But this stock is extremely overvalued, and once the new year comes, this POS gets hammered.

    You heard it here first, and have been sufficiently warned.

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