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Hamlet

Thinks s/he gets paid by the post
Joined
Aug 3, 2006
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I love these guys. I've owned their stock since 1990, when my grandfather gave me 3 shares that were trading at about $20/share. Those 3 shares are now 48 shares at $44/share. They'll pry them from my cold, dead hands :D

Anyone who is tired of doom and gloom should read their earnings transcript. The economy is tough, we only managed 16% revenue and 26% earnings growth.

Fastenal Company F2Q08 (Qtr End 06/30/08) Earnings Call Transcript - Seeking Alpha

I add to this position whenever they get reasonably priced. I bought a few more shares in January in the mid-30s. I think they are in the ballpark of reasonable again.
 
Hmmm - got passed by a Fastenal truck the other day - which reminded me of previous mention on this forum.

Ya got me looking - haven't bought any with my hobby stock money - but it's on my watch list.

heh heh heh - :cool:
 
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