PETM - Petsmart Message Board

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Non-Tech : PETM - Petsmart

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To: lorrie coey who wrote (198)	8/21/1997 3:06:00 AM
From: carpe diem	of 1508

Hey Lorrie, There is one fundamental cause for the weakness in PETM. < < < < < < < < < < < < < < There is a shortage of ticks. Get the women and children out. There are half a dozen reasons why this is significantly overvalued. Owning this is DANGEROUS. After this one drops below 5 I will end my short position. Leave a little on the plate theory. Please read the prewarning from management. It scarred the he double toothpicks out of many stock holders. Eros is fine but dont fall in love with PETM until the PE ratio corrects to 12 or less. Good trading, carpe_diem

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