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Varchild2008 (85.34)

I have been hoping for a Dr. Pepper Snapple Group crash tomorrow.



June 04, 2008 – Comments (1) | RELATED TICKERS: DPS

DPS reports earnings before hours tomorrow.  Hip Hip Hurray.

Investors have sold off their shares and sent the price with a 23 handle!
Guess what?  I don't think this stock is done falling.

I'm eyeballing a 20 handle on this before too long.  I do not see a positive earnings report tomorrow.
Given the sentiment of the investment community, it appears I am not alone in my pessimism.

I've not purchased a single share of DPS since my initial purchase of 30 shares.

If DPS falls..... It won't hurt me!  30 shares?  chump change.

What a plummet does for me is allow me to scoop up a TRUCK LOAD of DPS shares at a basement bargain price. 

Oh yes... I do plan on holding onto my DPS for all of eternity and slowly increasing my position.
This is a STOCK that I'm sitting on like a hen on a egg.

DPS needs to get out of debt before they can turn this company around and making it as exciting and thrilling and money making as the biggest optimist was/is today.  I'm eyeballing 2009 / 2010 and drooling over where this stock might be in the next 2,3,4,5, or even 10 years from now.

If I keep accumulating shares then sell it off... who knows?  Might have thousands of shares to sell of DPS at $45 a share.

1 Comments – Post Your Own

#1) On June 04, 2008 at 5:08 PM, Varchild2008 (85.34) wrote:

A Contrarian Position DOES EXIST to explain the share price sell-off.

That position is this:

DPS (Dr. Pepper Snapple Group) sent out an offer to all Shareholders who held 99 or less shares and asked them if they wanted to sell off all of their shares for Market Price.

I chose not to do it because I'm in DPS for the long haul.
But perhaps thousands of small investors might have taken the offer.

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