Like most retail stocks, there is no added value here, only saturation. Might as well take your sweat pants and softballs to Big Lots or Ollies' for liquidation. The growth game is over for this....Coraopolis, PA pipe dream. The CEO is grossly overpaid for Coraopolis.
IBM share price = $219.22 book value $16.88 Are you saying it's wildly overvalued? You are clueless. Everyday that I run across people like you, just reminds me how easy it is to strip your money from you and stuff it into my pockets. Valueing a stock encompasses many facets, not merely price to book. try reading some books instead of standing on a soap box and insulting people. It betrays your ignorance and arrogance.
The bloated PE ratio and bloated margins for #$%$ won't last, sparky. Watch and learn. Todays 'rally' is nothing more than Goldman muppet sheep, and some weaker shorts covering. DKS goes down for the count later this year. Smart money hit the exit doors over $50.