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Strategies & Market Trends : Waiting for the big Kahuna

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To: pater tenebrarum who wrote (44335)11/2/1999 5:59:00 PM
From: wanmore  Read Replies (1) of 94695
 
I know what you mean. I own a little bit of PETM (Petsmart) in my IRA and I can't figure out what is wrong with the company. From the looks of their chart they will be bankrupt in a few months LOL. We buy from there every week...nothing seems different at the store. You know what they say...."the market already knows...the news is already in the price. Another one , DTL (Dal-Tile...very boring stock), my company does about 1/4 million per year with the company and they have basically got the U.S. market cornered so , of course, I own some. This past year I could have sold it @ $12 and bought under $8 around 4 times yet there has been little, if any, fundamental change in the company
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