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Pep Boys - Manny, Moe & Jack Message Board

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  • shorthighcoverlower shorthighcoverlower May 17, 2012 12:12 PM Flag

    daninfw? deal at $14

    the deal is at $15, hence the $4 upside..... Although $14 could be a revised price.

    • I think that's exactly what I said or close to it. But, today AAP spooked the sector and is down 16%+/- and ORLY and AZO down 6%+/- on report of extremely soft sales......isn't going to help PBY's sales plans and may well spook Gores even more. I think the odds just increased against a $15 deal. Upside probably is $3 and downside $1.00+/-..........GLTA. I'm waiting for $10.50 or less where odds get even better. DaninFW