Aye Matey. Your swashbuckling will skuttle the ship. On the horizon see the future. Dow is down 78 an hour shy of midnight. Aye. You be going to Davey Jones Locker with your ideas. Abandon Ship. Aye.
Panicky shorts drove BBBY higher after hours. Tomorrow will be a different story. P/E too rich at these levels. 20 p/e on flat growth in a worsening economy in the sweetspot of consumer weekness.
"As a result, the company is forecasting net sales to
increase by a low single-digit percentage rate in the current
first quarter and the full year, while same-store sales are
expected to decline at a low single-digit percentage rate during
the same periods."
Aluminum producer Alcoa Inc (NYSE:AA - News) reported a second consecutive quarterly loss on Tuesday, as metal prices and the autos industry slumped and global demand fell in the economic downturn.
That missed analysts' estimate for a loss of 55 cents
That certainly won't help things.
No, you're wrong. Dymond is the real deal, for sure, no way it's the same guy. Dymond is definately my buddy, claims to be a 4.5 foot tall leprechaun hung likd a Missouri mule, and I believe him. "Restructure" is one of Stockguy's aliases.