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PetMed Express, Inc. Message Board

  • y2k7trillionover y2k7trillionover Oct 23, 2011 1:23 PM Flag

    Recivables vs Payables

    Receivables increased 500k
    Payables increase 4 million

    Not good if these numbers are correct.

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    • you forgot to recognize shift in other assets, such as increase in inventory.

      More important is the fact management is paying a dividend.

      They are getting bad advice with regard to buying back stock.

      It is a very stupid thing to do.....I do not know who is advising them.......

      They could use the money they have on hand and now they could use stock to test acquiring retail dog grooming stores WHICH ALL SELL THEIR PRODUCTS. IN BOCA RATON everyone through a subsidiary which can even joint venture.....increase sales...and make a profit.....stores will have the advantage of not having to buy inventory......

      They can, if SMART get involved with PSWEB to see if they can save money with their ONLINE STORE....

      Lastly, they can sell out to PETSMART.....but to do nothing and talk to the scatterbrains following their stock on the conference call asking about advertising....over and over again was a total waste...

      The Company has to grow otherwise it will wilt and die!!!!

      Lastly they should partner up with TRI COUNTY HUMANE SOCIETY>>>>>a lot of customers....well loved local no Kill shelter in Boca Raton....PETS is in POMPANO BEACH!!!!!

      • 1 Reply to conceptsbym
      • They got great advisors:
        The stock got shorted heavily. Now with high dividend, whoever shorted the stock have to pay the dividend to the lender. This makes the shortie hard to hold...
        People were afraid the competition will run them over. It is just naive to think that will happen. The reality is that they won't grow as fast as some people expect, but they will grow. It is proven their sale is stabilized... and maybe starts the up cycle again...
        US economy is turning around and the stock market is going to head higher. It is great that investor can have such a great opportunity...
        Keep shorting if you want, but I am covering...

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