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

To: Paul Senior who wrote (29227)	12/14/2007 1:27:20 AM
From: Asymmetric	Read Replies (1) \| Respond to of 78683

Paul, I just noted the same thing you did - regarding insider purchases at Pep Boys while I was checking other notable retail stocks with insider buying. Two others: Coldwater Creek and Limited Brands. However, insider buying at PepBoys has been particularly heavy. - A

To: Paul Senior who wrote (29227)	12/16/2007 10:25:50 PM
From: willjeffers2	Respond to of 78683

Paul I took a small position in PBY recently. While $10 would obviously be a better price than $11. PBY has had SIGNIFICANT insider and activist outsiders buying. Recently and months ago at prices over $14. Apparently they are going to do a sale leaseback on a lot of their owned property and that will really help book value. PBY is already significantly cheaper than AAP,ORLY, and AZO on a price/book and price/sales basis. (Using yahoos figures anyway) The combination of multiple insiders buying and a large activist outsider continuing to buy is pretty rare and I think significant. At around $11, we can buy at about the same prices they have recently paid. And less than the $14+ they were paying a few months ago. I usually prefer to stick with smallercap stocks my thinking being that in large caps, there are a lot of people who are smarter than me and have a lot more money doing research. But in this case, Im siding with the Insiders & BARINGTON & MITAROTONDA et al. They may be early, but I think they will be right.