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Staples, Inc. Message Board

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  • joetong419 joetong419 Sep 13, 2012 8:33 PM Flag

    there hasn't been a post here in 3 days?

    Perhaps because SPLS stock sunk to 52-week lows and few see a turnaround.
    Now that an LBO is rumored, how much higher can SPLS go?
    Max trading range is 12-14 through 12/31/12 IMO.

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    • Debt/Equity just above 20% = no LBO (at least not a hostile one.)
      If it was more like 50% I could see it but I believe it will have to be a friendly deal.
      Granted the board only owns a shade over 2% of the company but...

      Any way you look at it; this news will increase speculation in the stock which is great for longs & put sellers (otherwise known as ME!)

      Sentiment: Strong Buy

8.37+0.01(+0.12%)Sep 28 4:00 PMEDT