SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : PETM - Petsmart
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: muleskinner who wrote (1290)9/8/1998 10:59:00 AM
From: Earthdog  Read Replies (1) of 1508
 
muleskinner,

I don't get it. What investor would stay with a company they don't have confidence in? If they've already lost money and they don't have confidence in the company, why lose more? Cut your losses and get out. Don't stay in for more punishment. That's been my trading strategy anyways. If, on the other hand, the investor has good enough reason to believe that his/her paper loss is temporary then hold on.

I see the company moving forward. They're making the right moves in closing unprofitable stores and opening new stores with better prospects. They're cutting costs and trying more cost effective ways at reaching customers. The new CFO has his job cut out for him. He's got something to prove. He NEEDS to show improvement in their financials. That's his job. That's why he was hired. Everytime I've seen a new CFO come into office there has been improvement. At least for the first few years. That's why I'm holding for now. I'd like to see what he can really do in a few quarters.

Earthdog
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News