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Pep Boys - Manny, Moe & Jack Message Board

  • shorthighcoverlower shorthighcoverlower Apr 2, 2009 9:59 AM Flag

    shares are getting too overbought

    PBY has almost doubled from its lows. It has gone up too much in too short of a timeframe and may need a dose of profit taking. A correction is in the cards. It can't keep this tremendous pace up forever. Although the shorts are getting decimated, the shares could use a breather to at least "pause to refresh".

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    • These riproaring rallies always leave me nervous. Odell is going to have to really perform next week on the conference call in order to keep us above $5.

      I'm not selling my PBY. I'm not trading in-and-out hoping to catch the high and buyback the low. That stuff just increases the anxiety beyond the pleasure given if I do catch it right.

      Look at the price rocket higher!!! Yowzaa! $5.24