JOSB Rises on Same-Store-Sales Report

Good news for Joe Bank (JOSB) today. The company reported that same-store-sales grew by 2.8% in February, higher than the 1.7% predicted by analysts. The stock is doing very well this morning.
Two other things to note. Donald Tomitz, the CEO of DR Horton (DHI), said that 2007 is going to be so bad for his company, it will be homosexual: “I don’t want to be too sophisticated here, but ‘07 is going to suck, all 12 months of the calendar year.”
Also, in the Radio Shack (RSH) conference call, someone said something. And they probably shouldn’t have. That’s pretty much all I can say. Radio Shack, if you recall, was the only stock in the S&P 500 to do well last Tuesday.

Posted by on March 8th, 2007 at 10:45 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.