Sunday, November 25, 2007

Home Depot - Short Opp?

I went to the Home Depot this afternoon. Had to buy some light bulbs and other stuff like that. I was there at around 1:00 and the place was D-E-A-D. I'm talking eerie silence. Aisle after aisle of no customers. There must have been more employees there than customers. So much so that I actually had 2 employees come up to me and ask me if they could help me. In all the previous times I have been to HD, I can't recall anyone asking me if they could help. Bizarre to say the least.

The stock has been battered and it can't go much lower so the thinking goes. If this store was any indication I'd say it has a lot more to go.

No comments: