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September 11, 2009 – Comments (2) | RELATED TICKERS: AAP
Shocking drop when you look at its estimates.
http://finance.yahoo.com/q/ae?s=AAP
The last time AAP was $38/shr was on March 10th when people thought the financial world was coming to an end. So the recent 3 week selloff looks extremely overdone.
http://finance.yahoo.com/q/hp?s=AAP&d=8&e=11&f=2009&g=d&a=11&b=3&c=2001&z=66&y=66
I've watched this stock over the last few years yoyo from $45 to $22 per share. Sales are generally worse the last few months of the year. Not much of a wish list for auto parts during the christmas holidays. Hope that the ones at the top know what their doing.
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