% | $
Quotes you view appear here for quick access.

Pep Boys - Manny, Moe & Jack Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • smaycs4 smaycs4 Jan 8, 2013 10:48 AM Flag

    Mario Gabelli likes pep boys and I like it too

    The problem is Gabelli is not an insider and the real insiders that have traded the stock in the last 6 months have sold, not bought.

    That said, I kind of want more exposure here. My last buy was $8.91 after selling some at $15 and $11.75 prior to that.

    Not really looking for $20 but $13-14 is a reasonable 12-24 month target.

    My expectation is they will again try to dress it up & sell it so its just a matter of how long it will take for that to happen and for a 3rd party to get comfortable making a bid after the last bidder backed away.

    What keeps me from buying more is the lack of real insider buying.

    Being a large holder does NOT make Gabelli or anyone a real insider. It just means they have to report like one.

    SortNewest  |  Oldest  |  Most Replied Expand all replies