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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (10726)4/4/2007 10:34:45 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19257
 
RSH will start seeing many 2-3% drops
The stock has doubled the past year because Day was brought on board. He has done nothing but cut expenses enough to show a bottom line improvement. Stores stripped of mechandise for a "cleaner" look. They'll look especially clean when they're vacant.
Stock is trading 50 x's earnings. Earnings ultimately are driven by revenues, yet sales continue to wane going into tumultuous economy. So what now other than share price that more accurately reflects the facts? 27.32 and dropping