Pier 1 Imports - 4/14/2005
You may have remembered that I wrote about (PIR) a while back. I actually owned it because I saw that Berkshire owned some. I then sold the stock for a couple reasons. First, buying a stock because someone else has is not smart. Also, the stock was in a trading range for a while. So, I sold. I am looking at a current chart and it looks like I made a good choice. PIR has had a hard time convincing investors that their new strategy is going to work. As I said before, can't you buy the same crap in Target?
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