Operating leverage in a retail company like DJS is HUGE !! After all operating costs are covered every extra $1 that goes thru the till about 40c will drop straight to the bottom line. A 5% increase in turnover can lead to a 30% increase in profits ! ... I've seen retail stocks rally enormously which loked way overdone only to suprise on the upside when profits were announced .
I'm, holding DJS until the $8-$9 level which I think will be hit late next year ... why sell quality stocks just because they have gone up !
DJS Price at posting:
$5.58 Sentiment: Buy Disclosure: Held
