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Sealy's Q2 was not exciting enough for me

Sealy (NYSE: ZZ) is another one of those cheap stocks that's up big from lows achieved earlier in the year. When I say cheap, I don't mean value. I'm talking about a low-priced equity. The kind of equity that is priced below $5 per share. In the case of Sealy, its shares could be had, as of the close of trading on Tuesday, for $1.96.

But wait, you could have gotten it even cheaper in the after-hours session, because shares of the bedding manufacturer traded down to $1.82 on its Q2 report. I have to agree with the market. Although there were some positive elements contained in the release, overall, I wasn't impressed enough by the numbers to become a buyer.

Continue reading Sealy's Q2 was not exciting enough for me

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 27, 2009: 09:29 PM

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