Stockchase Opinions

Larry Berman CFA, CMT, CTA Great Atlantic & Pacific Tea Inc. GAP-N DON'T BUY May 11, 2005

Getting extremely overbought. Looking at the highs for 2001 and 2002, it got above the $25 for a couple of months, but it fell back pretty hard. There's going to be a natural resistance for the stock to go higher.
$22.480

Stock price when the opinion was issued

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Good relative price appreciation which is an important criteria for his funds, but he would also have to know what is it trading at for every $ of revenues and what are its earnings prospects. (He didn't have the figures, but urged the caller to check this out for himself.)