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jawong1032 (28.34)

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Conference Board's consumer-confidence index good for HD

May 29, 2007 – Comments (0)

More evidence to support my pending pitch/rating of HD.

One of the highlights from this months consumer-confidence index:

Plans to buy a major appliance were at 34.4% of respondents, the most since May 1998. Volatile series suggest people are focusing on their existing dwellings now that they are moving less.

 

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BABY update 05/19/2007

May 19, 2007 – Comments (2)

Nierenberg Investment Management Co. on 5/9/07 bought 225,000 shares on the recent dip.  Short ratio is 11, possible short squeeze on the horizon on any good news.  Even without a possible short squeeze the recent dip is very attractive.

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