The Pep Boys - Manny, Moe & Jack (NYSE:PBY)

Specialty retail will get crushed by on-line ordering and the repair business is a rough gig, with lots of competition for basic services, and cars that are only getting more complex... Yeah, I'm bearish on this one.

This baby has been punished enough - they either turn around or get bought out. We shall see...

"Pep Boys-Manny Moe & Jack's (PBY) fiscal first-quarter profit plummeted 91% as the auto-care company pointed to a mild winter and business-execution problems for its weak results."
Not a good sign . . .

12/18

swingggg

PepBoys, we sell nepotism for less. A majority of big players in this company are all related. Never a good idea. Too many longtimers that don't care and Odell fails as a CEO. Make Shull the CEO and im sure PBY will make a strong comeback.

Just prior to and right after earnings, PBY suffered a malicious bear raid - one that would have been short-cicuited, pun intended, if individual stock circuit breakers had been in place.

The turnaround LAST quarter caught some major Hedgies over-short, and they have had a lot of trouble covering.

The short position was halved over the past 2-3 months, but there is still a pesky portion of it left.

It has turned the shorts ruthless - albeit in the same ole, same ole pattern. When PBY MET consensus a couple of weeks ago, they somehow contrived to manipulate that consensus by a penny at the last minute and then loudly proclaim a penny "miss" in their favorite bought-and-paid-for websites. This particular kind of nastiness should truly be looked into and banned by the SEC, but they haven't done anything about it yet.

Since unfairly lopping 20 percent off the stock price in a week or so, the Shorts have been talking up their "Pairs Trades" with all the other auto retail stocks being taken to the Moon - a couple at all-time highs - while poor pathetic little PBY, the actual TURNAROUND story, has been slaughtered.

No matter.

Everyone sane has to be seeing the Pairs Trade as way, way out-of-whack at this point. IMO, it is time to take advantage of the remaining Shorts and pick up some PBY at a massive bargain price.

Thanks, Fellas!

interesting stock:
low ps
but no return on equity data available

Auto is coming back.

way undervalued....fixer-up time

PEP Boys is so service oriented and promoting pay to produce that the new advertising along with some new stategies will equal much increased profit value starting this year.

The company is insanely valued. PBY was sucessful in obtaining a new $300 million credit facility last Friday which is impressive when you consider how tight financial instituions currently are about lending. PBY owns the real estate on 240 of its 540 locations, pays a 8% dividend yiield and is in the process of a turnaround effort with a new management team. PBY is the only company in the retail autoparts segment which offers installation, brake jobs and tires. people hold their cars longer in a poor economy, and buying tires and brakes is a non discretionary purchase. they have to do it. PBY's has also seen strong insider purchases, and they have paid their debt down from $500 million to $300 million in the last year by raising cash by monetizing their real estate through sale lease back transactions. The company has a $160 million market cap with sales of $2 billion per annum..its valuation is laughable.

I have always liked PBY...a bargain at todays prices. Believe PBY will do very well with the economy the way it is.

Recession/depression-cars still need to be repaired. Aftermarket cos have not done well during the new car frenzy but will come up in the weak times

PEP BOYS IS A BAD AUTO PARTS STORE

The High price for oil and parts to maintain cars and trucks,my slow down , but in time it my soon come to a habit that it's the whey it's going to be .Or everybody is sick and tired of the high prices ,and find other ways to bring the price or change to other way for fuel for there transprortion metheds.ect.As is jobs are effected,with some cut backs in schools,collage,employment,truck drivers.NO Work,NO Money!NOCompenys,think about that.

This stock has an opportunity to come out of the leadership transition in the proper direction,with stronger profits. However, long term this company is hurt by the increased gas price. This is a miles driven business. The fewer miles driven the fewer oil changes, brake jobs, tire replacements, etc. Short term relief to this is possible but long term think we will see only minor improvements.

It would seem only sensible for this stock to see action. With prices of gasoline, food, and all goods so high, who can afford to get a new vehicle? Best bet is to repair the old reliable car that everyone left behind to drive the gas guzzling SUVs. My son's old Olds is getting 30 plus miles...and Pep Boys will keep it on the road a while longer!

From my short ideas/valuation screen