CEO Steve Odland

My day trade of Office Depot, Inc. (Public, NYSE:ODP) turned into a overnight swing trade. I just couldn't figure out the ordering system on the new platform from TradeStation. I really like it, and find it a giant leap forward from what I was using, but it does come with a steep learning curve. The only thing that it is missing is a programed voice to yell at you when you are about to do something stupid. I think a loud "Hey dumb Ass look at the #@%$*&^ chart will ya, what are you blind...Read Full Story

My trade setup for Office Depot, Inc. (Public, NYSE:ODP) . I am going to wait for a hit of the Demand zone with a limit to buy order at $3.89. Once in the trade I am looking for a profit target of $4.98 just below Office Depot $5.00 Supply zone. This will be a swing trade once entered.Office Depot, Inc., together with its subsidiaries, supplies a range of office products and services. Chart is courtesy of TradeStation.UPDATE: 11:37 est. This trade did not trigger and I did not chase it...Read Full Story

Unusual Volume Office Depot, Inc. By HiddenGemStocks.com (EMAILWIRE.COM, May 10, 2010 ) Boca Raton, FL - Office Depot, Inc. (Public, NYSE:ODP) Closed the day UP 5.82% on high unusual volume of 29,004,767 shares almost 4 times over its average of 9,078,954 shares. Around 174,028,602 million dollars traded through Office Depot, Inc. on Friday. Office Depot Inc. was listed as a notable gainer for a Retail stock and was one of Fridays top gainers. You can subscribe to these free stock alerts at...Read Full Story

Placed the conditional buy order after the housing numbers came out this morning. I then had a day full of other work and left the screen. I just walked in to see I was stopped out. Had I been in front of the screen maybe things might have been different. I would have seen the whole market headed lower and maybe pulled the trade before it started. In any case I followed the rules of the trade and in the end that what is the most important.Read Full Story

Here is my trade today on Office Depot, Inc. (Public, NYSE:ODP) . Office Depot, Inc., together with its subsidiaries, supplies a range of office products and services. I am not looking for much here as this is my first trade on the new platform I am using from TradeStation. I am chocking this trade up as a Platform entry and exit test. This platform is like flying a 747, but up up and away!My trade was based off the market turning higher and ODP breaking the daily resistance level. My cover...Read Full Story

Today's trade is a short position in Office Depot, Inc (ODP) . I am using both the weekly and daily chart supply zones as a target entry. I am short at $4.86 and looking for a profit target of $4.38. This will be a swing trade with a stop in place in case I am wrong.Blog note: With any stock that I discus I may or may not hold a long or short position. Please do not use any information on this blog to plan your trades. This blog is only for fun informational news and charts. I can lose enough...Read Full Story

CEOs say "how you treat a waiter can predict a lot about character".By Del Jones, USA TODAY Office Depot CEO Steve Odland remembers like it was yesterday working in an upscale French restaurant in Denver. The purple sorbet in cut glass he was serving tumbled onto the expensive white gown of an obviously rich and important woman. "I watched in slow motion ruining her dress for the evening," Odland says. "I thought I would be shot on sight." Thirty years have passed, but Odland can't get the...Read Full Story

NEW YORK (Reuters) - Office Depot Inc <ODP.N> Chief Executive Officer Steve Odland, who last week settled improper disclosure charges with U.S. regulators, will step down and be replaced on an interim basis by a board member, the retailer said.Office Depot also announced preliminary third-quarter earnings that beat Wall Street expectations, and shares rose 7.6 percent in premarket trading.Office Depot, which is expected to report full results on Wednesday, expects to report sales of $2.9 billion...Read Full Story

Here is my Swing trade chart setup for ODP Office Depot, Inc. (Public, NYSE:ODP) . This will be the first retest of the buy Zone from June 8, 2010 . I am going to use the hourly ATR below the buy box for a stop loss. Stock chart is coursty of www.FreeStockCharts.comRead Full Story

Office Depot Inc.'s Chairman and CEO Steve Odland is resigning.The disclosure on Monday comes only days after the company, Odland and another executive agreed to pay penalties tied to the company's disclosure of corporate information to a select group.The office supply company says Odland's departure is effective Nov. 1. It says he is leaving by mutual agreement.The company says lead director Neil Austrian will step in at that time as interim chairman and CEO.In addition, Office Depot says it...Read Full Story