For those of you that have seen the Staples stock run up the last few weeks this is in response to an article that was written to buy staples stock by Friday. Why you ask? Because next week they pay out dividends and once they do these shares will be sold off, the stock will drop to $9 a share or less, so don't be a sucker sell your Staples stock Monday because if this holds true and Depot merger fails this stock is headed to $5 a share by September. Authored by one who plays the market.
5 replies (most recent on top)
Great prediction, it's over $11 now. yawn
The stock price is increasing on hopes the judge rules in Staples favor based on he's ripped into the FTC. Shareholders will hold the stock for now.
Some of the increase is because the judge in the Staples v FTC case berated the FTC for using an Amazon exec as a false witness. Shares of OD went up too.
I am not excited. I posted this info three weeks ago and specified the date as 3/24. SPLS will be below 5.00 per share by April end...
A good bet