Tuesday, January 31, 2012

PEP BOYS (PBY) to be Acquired


Pep Boys-Manny, Moe & Jack (NYSE:PBY) announced yesterday it will be acquired for $15 a share.  Stockdiagnostics upgraded PBY @ $9.58 (dividend adjusted) on September 12, 2011 after the company reported 2nd quarter financials for the period ending July 31,2011. Since the upgrade shares have appreciated 56% in 5 months.
click to PBY Stockdiagnostics OPS chart
click to AUTO PARTS call 2007 (Renna)

see more at http://www.equitiesresearch.com/

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