682 Million shares outstanding multiplied by 16 dollars a share.....This is close to 11 billion dollars for a company who's revenues are shrinking.I don't think Bain nor any other company would have that type of capital to acquire any company, yet a company who is in a free fall in Europe and chasing Amazon domestically. Seriously it doesn't take an MBA to do the math. It is simple arithmatic.
Thanks for letting us know about your short position. You're not fooling anybody.
I am long, but manage to resist any temptation to exaggerate the upside potential. Best Buy should be going private soon and SPLS is in a better position than BBY.
SPLS doesn't have to chase AMZN. SPLS is the #2 e-retailer of the thousands of others. Apparently you believe we all will be either shopping at WalMart or buying online at AMZN. It doesn't work that way. There will always be competition.
This is a message board for people to exchange information and opinions. You are delusional if you believe your posts will affect the stock.
Short or Long the proof will be in the details revealed this week. Hedging your Long position may afford you an opportunity to recoup some of the monies you have lost....SPLS may be the second to Amazon, however in order to compete, based on their last earnings conference call, they have to evaluate their pricing since it doesn't compare to Amazon's. They have a difficult time differentiating themselves from Best Buy and you see where Best Buy is. Just sayin.