post #421 of 495
6/30/10 at 4:15pm
I did, but it was a net shedding of shares. I bought a TON of them at the low, but this morning when it hit 6.65 or so I got rid of an equal amount of them for a quick 8% gain. Basically I just used it as an opportunity to average down my exposure, since those first shares I bought on this latest binge @ $7+ were starting to sting a little.
vague takeover speculation today.
Shares of Pier 1 Imports Inc. (NYSE: PIR) are seeing strong upside action following yesterday's annual meeting and
significant open market insider purchasing by Senior Vice President of Planning and Allocations Michael Benkel on June 29, 2010. At an average price of $6.08 per share, the insider purchased $12,160 worth of stock that boosted his company holdings by over five percent.
Pier 1 Imports, Inc. (PIR, Free Analysis), a provider of home furnishings and décor through a network of retail locations, saw
6.73. I took this opportunity to unwind some more position. I'm now hugely in the green, and my average entry point per share is under 6 bucks. I'm calling it right now: This thing shoots to 8-8.50 after its Q2 earnings report.