Central Pet and Garden: Gem Of A Stock [View article]
"The Book Value mentioned here, doesn't take into account CENT's special stock dividend back in early February. This also accounts for the author's mistaken p/e. It's a very misleading article. Unless somehow I am missing something."
Update: The above comment is correct, the seemingly fire sale P/E and book values do not yet take into account the stock dividend's effects. The post stock dividend P/E is approximately 17, while the post stock dividend calculus still finds the price trading at a (more modest) discount to the book value.
This is still a value stock but the recent numbers make it less so. Thank you for the corrections.
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Central Pet and Garden: Gem Of A Stock [View article]
Update: The above comment is correct, the seemingly fire sale P/E and book values do not yet take into account the stock dividend's effects. The post stock dividend P/E is approximately 17, while the post stock dividend calculus still finds the price trading at a (more modest) discount to the book value.
This is still a value stock but the recent numbers make it less so. Thank you for the corrections.
U.S. Auto Parts Network's Share Price Halved: Time to Buy [View article]
A lawsuit is now pending:
biz.yahoo.com/pz/07032...
Maybe I should have made this clearer but this stock wasn’t intended to be a long term hold.
As in the article “This stock is a great buy at a price near $5.86 for trading purposes.”
For a personal update, I sold out on Friday at the end of the day for a nice profit as it ended the trading day at $6.08.