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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Dolfan who wrote (54702)8/22/1999 12:03:00 PM
From: Jack Colton  Read Replies (1) | Respond to of 90042
 
Good Morning Mark,

I think PETM is worth waiting for now. I still have my initial order, but I never picked up any more on Friday.
I was a little alarmed when I saw those 10 orders for 10,000 each @5.00 get filled so quickly.

I would wait for the earnings announcement, and see which way it goes. If the earnings are good, I think we could get a 50% return within the week. If the earnings are bad (without really good reasons) the stock will see new lows.

This is a stock that has mixed emotions for me. I think I already told you that I think their stores appear dis-organized, and sometimes messy.... but then I thought about it for a while, and I realized that no matter what we ever needed "pet related" we went to PETM anyway. So, as I think about it, ALL Pet stores have different smells, and at times appear dis-organized....

What do you think?