anyone know why the big 10c drop today in pretty heavy volume back to 2.74.
no news, maybe the unemployment rate going up spooked investors??
what concerns me is that in the DJS report, it said foot traffic in the richest areas was down.
thats not a good sign, this company cant survive let alone thrive on cost cutting measures alone, they need to get foot traffic into the stores.
it dosent matter if they have a 50% sale on everything, if no one is actually entering their stores.
But like a very famous investor once said, buy when everone is selling and sell when everyone is buying.
Everyone is selling so djs at 2.75 looks a pretty good sign to buy, if you have the guts.
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