I was in one of the major stores on Boxing day, and im gonna be...

I was in one of the major stores on Boxing day, and im gonna be brutally honest here, there were about 500 people lined up outside MYER before store opening, and i went over to Dj's and i saw about 100 people at most lined up/

That was very very sad to see.

Judging by Dj's stock performance during the last couple of days, id say insiders think dj's is gonna come out with another guidance downgrade for 2nd and 3RD QR 2012.

Looks very cheap around $2.32, but if we get another profit downgrade, this will hit $2 easily and could even touch the all time lows around $1.80.

Looks like a great T/O target now for any cashed up hedge funds from the US or Europe, they have plenty of Quantitive Easing money stashed away looking for a home.