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Staples, Inc. Message Board

  • ihateclinton0 ihateclinton0 May 11, 2000 10:52 AM Flag

    I am sorry all SPLS longs

    I am the reason for the price dropping to 16.
    Whatever stock I buy it immediately drops. I bought in at
    26, then more at 21.

    I bought SPSC at 51 and
    it just hit 31. I also bought SFE at 94 and it is
    now around 40.

    Sorry guys - do the opposite of
    me and you will prosper!

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    • It must suck to be you...LOL...just kidding

      Try investing in CD's or a fixed income mutual
      fund...may pan out better :-)

      But I have to ask you
      about one thing... Why do you buy at the peak of a
      stock's momentum, instead of getting a feel of the
      intrinsic value of a stock and buy accordingly? For
      instance, it is clear that SPLS at 16 is as low as it can
      ever get... and that's when you want to buy. Buy
      fundamentally sound companies and refine your buying/selling
      strategies and you should do fine. Good luck!

      Politically I agree with you :-)

    • Carol,

      I wouldn't worry about SPLS.
      in the Boston area also, SPLS will recover!
      been thinking of taking the plunge
      into SPLS myself
      - but I want to see how
      the markets react on
      Tuesday to the Fed's
      announcement. That, and SPLS
      seems to like
      setting new 52-week lows, recently. .

      What's up with your marital status? It
      shown as Not Identified. . .

    • not to worry.

    • It is going to be a long time before it hits 30,
      and it will not split till it get up there,,
      I don't beleave you sold everything JUST to buy

      Stop blowing smoke up everyones ass....

    • I shoot Trap, Skeet , and Sporting clays... I
      like a moving target. It gives them a fighting
      chance... and me a good chalenge... It keeps you thinking
      on the speed, angle, what chokes and shell to
      use.... I get board with a target that don't

      The Thompson/contender is a great gun I here..
      shoot nothing but Beretta's. 682 gold, and 391


    • Truth is, Most of the time in the past few weeks,
      the market has been working with minimal volumn. When
      that happens you can throw the technicals out the
      windows. The factors controling the market are sporadic
      and unpredictable. In small volumn markets, the day
      traders have a larger influence on price and as a rule
      the overall trend will be for a stock to slip down.
      The Money has been coming out of the market in all
      sectors, not just retail, and has not been going back in.
      Most of the big money managers and their big money
      clients are holding their money on the side looking for
      some sign of a bottom. They may get that sign Tuesday
      from greenspan. With all the key indicese showing that
      inflation has eased, we may only see a .25 increase in the
      prime, That will pump the market short term because .50
      has been priced into the market. The problem with a
      .25 is that a speculative situation will still exist
      as to whether it's enough. If he raises it .50
      points I think that the market will look at it as enough
      and maybe too much which would relax fears for a
      while and pump the market more long term and if the
      next months numbers come in anti inflationary, he can
      leave it like it is or even lower it a quarter point,
      either of which will continue to help market conditions.
      My vote would be for a .50 this time. Then the
      market will be at odds at the end of summer over the
      election. Two years ago it was the asian market crisis,
      last year y2k, this year,
      interest rates,
      elections, It's always something, as long as it trends up
      year after year that's what's important to longs and
      shorts alike.

    • The bottom is coming.

    • Sure it is. Keep the faith Homer. You have seen
      the bottom, but are to blind to see it. Every anylist
      that covers retail picks Staples as a core holding for
      stability and growth. Or maybe we should listen to a fool
      like you instead.I am so confused.

    • Since the retail sector is down, in your opinion, do either the GAP (GPS) and K-Mart (KM) rate as buys at these levels?

    • <EOM>

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