Jim vocalized exactly what I have been telling you for the past six years.The Pepboys business model is broken and all their so called talent cannot fix it.They cannot use their $50 million to buy back stock; the covenents of their loans do not allow that.They cannot execute even reasonably well - even when the sale of the firm is riding on it.Not so much a sell [you're just stuck with it now] as an "avoid".How many warnings do all you yahoos need to be educated into what stocks to avoid?
Cramer is an entertainer...Going against him, can sometimes be extremely lucrative!
Who would pay 30 times earnings for a firm that has been around for such a long time??PBY just does not know how to make money year after year after year.
Martha I bought the Stooges @ $8.75/share and making $$$$$Kramer should be pushing a mop at a pep boys store!Jimbo is an idiot.
Jim Cramer or his buddies must have been short this. They need to cover at lower prices.The sellers here will be sorry when a buy-out is announced any day now.I'm sure we will hear something from the company soon.
Not, buy at lows and sell at highs.I'll take my chances with BPY than buy something way over priced like Auto Zone. Sorry!!!