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Paul Price
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Dr. Price writes about stocks, options and the market every weekday on Real Money Pro and/or OptionsProfits.com - subscription sites of TheStreet. After college at The American University [BS - 1971] and dental school at University of Pennsylvania [DMD - 1977] Paul served as a dental officer in... More
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  • I'll Be A Buyer Of SPLS Today 1 comment
    Aug 15, 2012 8:15 AM | about stocks: SPLS

    Staples [SPLS] appears to be over-reacting to a so-so earnings report.

    At a new 52-week low I plan to buy this morning- not sell.

    Long SPLS shares.

    Disclosure: I am long SPLS.

    Stocks: SPLS
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    When will corporate spending turn? Frustrated. We can see the cash piling up on corporations' books, but not yet being spent in Staples' stores. I'm watching the consumer sentiment for a trigger to growing comfort on the part of corporations to reinvest in their businesses.
    28 Aug 2012, 11:50 AM Reply Like
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