Just wondering Redbacka....You make a valid point as to takeover...

Just wondering Redbacka....You make a valid point as to takeover interest from big players,but at the same time,it could very well be players that know a bargain when they see one and are investing heavily accordingly.I must admit I haven't looked at the fundalmentals of DJ's,not that I'm a big believer in such matters with retailers as no matter how good they may be,a rapid change in sentiment,a new competitor,new technology or fast price depreciation of goods sold can catch out the most assiduous of analysts.Hence I just follow the charts.

But considering DJ's were at $5.50/share not so long ago,you would have to conclude that a bottom would be in place and allow for investors to re-enter.After all this $2/2.25 price level is a very strong support level going back many years.See the 10yr chart.As for MYR,it does not enjoy the same long term history(chart wise) as DJS,so that makes comparisons somewhat difficult.