September 11, 2009
– Comments (2) |
RELATED TICKERS: AAP
Shocking drop when you look at its estimates.
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.
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.