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Dollar Tree, Inc. Message Board

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  • bentbasin bentbasin Aug 30, 2010 9:46 PM Flag

    DLTR has the goods

    I think what you say is realistic. How it reacts to the market tanking ..geez, who knows? Look what it did 2007. I'm too tired to research what happened specifically for them during that time. I know a while back while trading FDO I think they traded as high as 20x at one point but I think that's an exception. I just think when these stocks are in the 15 PE neighborhood, they are then in a sense, a trading range. I'm still currently looking for more of a pullback to reenter as I sold Friday comfortable with the results of the recent trade. There are some negative divergences that need to be addressed. jmo

 
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