RentWay (RWY)

Company. RentWay is "one of America's leading rental-purchase companies, now operating more than 750 stores in 33 states." (company website)

RWY stock chart
gain Bottom line
1%

Buy. Buying RentWay was a good idea at the wrong time. Although the signs all looked quite positive when I bought, RWY had just jumped from $5.50 to $6.00. Alas, a few days later, RWY swooned along with the rest of the Nasdaq at the end of September.

It has taken the whole month of October just to get back to the price at which I bought RWY.

Sell. Although the price of RWY has climbed back up to the price at which I bought, it has been an erratic climb. Yesterday, RWY opened higher, it moved only downward from the opening, a decidedly bearish sign. I put in a sell order for a few cents more than I paid, content to simply break even.