With Office Depot ODP financial sheets looking at major losses, Office Depot now has reported, closing many stores in 2009.

Their customers were small businesses, which most small business owners went broke, due to the recession and are not coming back in the small business market, as most are forced, to go back to their trade profession, to recover revenue loss for another 3-5 years.

If you drive by Office Depot in a given area, look at their parking lot, as we been monitoring their financials and their customer store traffic by in different cities by sight.

This was low at $5.50 and we see lower, as small business buying that still exists, is going to Staples

We, unlike reported short option sellers in last 2 months, still hold a short position on ODP at $8.10, as the estimates, show a wide range, which we feel, will be on the lower end on Yahoo here

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