Robert Freedland

PetSmart: Buying When Others Are Selling

I traded out of PetSmart but would agree that the technicals still look good and I believe that the long-term is probably bright for this company. I shall be looking for some re-entry into a position in the future as my own trading-system allows.


On May 22 02:54 PM stink726 wrote:

> PETM seems to be one of the stronger retailers during this recession
> and I think it is a good investment, especially for the longer term.

PetSmart: Buying When Others Are Selling

Thank you for your comments.

Indeed they market hamsters, fish, and birds quite well.

Most important they were able to grow their company. Even if this represents inflation effects, just staying still in this recession is an accomplishment. I do not know if my own trade against the market will be successful, but I believe the problems at PetSmart might be overstated---at least from my amateur perspective.

Portfolio Update: Haemonetics, 3M, PetSmart, Rollins and AT&T

Stink,

You are welcome. I hope that my comments are helpful to you!

Bob

End of Year Portfolio Performance Review

I think that is my typo. These are stocks as of December 31, 2008. I am probably not old enough to have these kind of 'senior moments'....:). Thanks for the correction. Have a Happy New Year!