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Non-Tech : PETM - Petsmart

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To: Debra Orlow who wrote (243)8/21/1997 6:25:00 PM
From: carpe diem   of 1508
 
OK Debra, You asked for it,

People who short a stock have every bit as much room to state their
belief as the longs. Perhaps you would prefer to be in a room full
of Heavens gate Devotees. They all chant the same line with
not one voice saying "lets rethink this". Most investors are smart
enough to want conversation from various perspectives before they
take the families money and call their broker.

I confess, I am lacking confidence in my decision about PETM. Timing
is everything. I want to buy to cover when it appears there is a
reason for sustained up movement. You seem to have all the con-
fidence of a Heavens Gate Devotee. You feel free to insult my
character as your investment in PETM Proves its timing. I'm sure
you are a nice person so I wont insult your or any other persons
character. I must say however that PETM has been a poor investment
for a long time and the trend has not changed yet.

Those posters who hope for positive forward looking statements are
correct. That is a potential positive for PETM on the horizon. If
they can find growth in margin and profit and say so, this would be
good for the longs.

As for your comment about investing without outside influence.
Guess you dont read newsprint, listen to your Mother or consider
anything others have to say. Go ahead, make all your decisions in
a vacuum. Personally, my opinion of PETM is not so intransigent
that what I read has no influence. I am flexible and listen.

Readers of this thread deserve to know that the trend of PETM is
down for many reasons. There is more selling than buying. The
trend may be breaking soon - ie Tuesday - but for now the trend is
down.

If the quarterly report is as bad as we have been prewarned and
there are not significant forward looking statements, Watch out.
This would be significant for the continued trend of PETM for the
next 2 months. Of course, dont listen to anyone unless they think
exactly as you do. If they politly disagree one iota be sure to
attack their character. You feel comfortable to tell me "grow up".
Let me assure you that I work on my character and maturity
continually. I am not a fully evolved being yet...

carpe_diem
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