I would have bought weeks ago but I screwed around too long setting up an online trading account through my bank.
When I started watching the stock in early February it was about $17.50. It had been don to 14 and up over 34 in the previous 52 weeks.
I looked the company up and it looks good. They make a lot of money by overcharging and excessive diagnoses through their own lab--Antech. They own Antech and the tests probably cost each VCA facility a fraction of what other vets are charged. Someone told me that Antech charges big volume vets only 1/4 of what they charge the small guys.
95% of outstanding shares are owned by mutual funds and they have gotten good press lately.
The reason I bought is I can now go to stockholder meetings in Santa Monica where I can gently guide them onto a path of righteousness as I have with Animal Services.
But 10 or 100 shares on Scottrade for a $7 transaction fee and join me setting veterinary medical care on the straight and narrow.
Seriously, get back into the stock market. The DJIA dropped from 9,300 to 6,500 in a matter of weeks. It is beginning to shoot back up almost as steeply. If you went to cash in your mutual funds, start averaging back in. I am now back in about 40% with 60% still in cash.