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

Staples, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • CKiddA CKiddA Aug 14, 1998 8:21 PM Flag

    Correct me if I am wrong!

    I am not sure exactly how much money you plan to
    invest in this, there are a few things to think

    If you are planning on putting a couple thousand in,
    you could do a popular method of investing a fixed
    amount each month. This is fairly safe. For

    If you buy at 30 1/2 and for some reason next month
    it's down to 29 1/2 you can buy more for cheaper. If
    it's up to 33 1/2 you can still buy more, a growth
    company isn't going to stop growing.

    Or, if you
    don't have that much money, and you want to sink it all
    in at one time there's some things to

    This stock probably won't go below $27 unless it
    splits sometime in the future. But that doesn't mean it
    won't dip down to $27, and you could make more money if
    you waited for this to happen of course.

    strategy does have a few flaws though. It might not dip
    down that much, and you could miss out. When you are
    buying a stock you should hope it keeps going, which
    means you should think long term on this one. This
    means you should be willing to take a few dips every
    now and then if in the end it has a solid growth
    outlook which, in my opinion, Staples has.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don't see this baby dipping below 29, if you
      are worried
      about a down trend you can always
      hedge with a few puts.
      This stock has held up
      through these last corrections and
      still showed
      support in the 29 range, but, if I knew how to predict, I
      would have had 6 numbers a long time ago and been
      hanging with Mr. Buffet

8.56-0.06(-0.70%)Aug 31 4:00 PMEDT