Bought 200 SPLS @ $11.43. They blew earnings and I considered shorting yesterday just based on the knowledge of our financials. The year started of very strong but as soon as gas prices went way up, things just died. I was (obviously) a little hesitant to try and draw a parallel though.
I hope it keeps getting hammered because I'm accumulating from here. I believe a certain large tropical jungle would LOVE to buy SPLS at these prices.
This really caught my eye.
ETA
Here is another compelling reason to own this stock. Trust me when I tell you, ODP won't be around much longer and OMX is on the ropes. Although the economy sucks, for now, SPLS has a very healthy balance sheet.