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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Suma who wrote (25329)11/22/2006 11:59:31 PM
From: Paul Senior  Read Replies (1) | Respond to of 78670
 
PBY: I keep hoping to get a chance to buy PBY under $10 again. Doesn't look like I'll get that opportunity.

I'd say the stock could be a buy. Pirate Capital, the big hedge fund owner of shares has a spotty record. That they are in and still buying though, I call that a plus. Then there is the other insider buying that you mention, Suma.

Could be a decent speculation and a 2% div. while waiting. I'll consider it, but likely will pass again.



To: Suma who wrote (25329)12/12/2007 1:45:50 PM
From: Paul Senior  Read Replies (2) | Respond to of 78670
 
Automotive retail and service chain, Pep Boys (PBY): Stock has come down to $11 or so; not (yet) the under $10 I'd like. However, given the several insider buys recently, and Pirate Capital still in, I'm willing to take on just a very few shares at current price.

finance.yahoo.com

I intend to add to position if stock continues to fall on no adverse news.


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