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

To: Justinfo who wrote (52844)	11/21/2013 12:39:20 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78764

GMAN - yeah, agreed, the recent earnings suck, inventory is growing, who knows how they gonna do during holiday quarter. They paid $3.6 special divvie - you could think it's shareholder positive - but not really if the stock continues to drop and they no longer have cash for expansion/buyback/etc. I don't know... I really want someone with first-hand experience to chime in. :) If they come back and perform well, this could be a great buy, but if not then I think the price could drop further. Also the stock price did not drop much - the drop this year was just ex-divvie adjustment. People who bought < $12 in the beginning of the year are still in the money. So the blood is not in the streets. I'm gonna think more. :)