I used to think that Exxonwould buy PBY out. But no longer.
Pepboys has demonstrated that they know not how to run their business.
No dividend to the shareholders for 5 and 1/2 years.
Losing money right now - fairly good economy, lots and lots of cars on the road needing stuff.
CEOs roll and and CEOs roll out == no improvement in performance of company and stock is stagnant.
Firmly advocate selling this now -- take the money and by CVX or WMT that are huge and have a solid track record of increasing dividends and do in fact go up over time.
As an investment -- don't waste your time waiting and hoping on Pepboys.
You're prepared [and hoping] that his POS stock will go up just 3 dollars in 2 or 3 years????
Get outa this stock.
Go to Auto zone or o'riley's or aap or even gpc. All in the parts business and they go up 2 or 3 dollars a week.
So many years now, management has always said " just wait another year and we'll break out to the upside"
And every year there is a hard luck story of why nothing happened.
This company doesn't make any money at all right now -- look at the Yahoo summary page for PBY.
There as so many other companies making money and dispensing generous dividends. Right now.