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Non-Tech : Staples (SPLS) -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (164)1/14/2000 8:36:00 PM
From: Adelantado  Read Replies (1) | Respond to of 184
 
Today's price erosion on decreasing vol = profit taking by the less secure and technical folks who haven't done or don't care to do their DD.

The recent price break-out right before the earnings report date means to me, that those in the know are positioning themselves for a positive earnings surprise based on more information that I have access to. If I am correct, hold-on to your hat: the price will suddenly take-off as the earnings pundits and stock experts broadcast their new expectations and valuations bringing in the followers and me-too'ers.

Joe.