I cannot understand the everyday weakness since SBUX touched $57 just after earnings. The stock is talked up plenty. Someone is unloading big time. The weakness is incredible. I'm long from Apr 2012 and was hopeful I'd recently get back to even.... came close.... but failed and now heading down seemingly everyday. No support.
Uhhhh, b4 y'all get all hot and bothered about the "weakness". Has something reeeeally changed with Starbuck's business? Haven't seen it in the still long, (altho' not as long as years past) customer lines at various Starbucks I visit. Coffee bean prices are heading downward, so how is that bad for the company? Today's drop in price happened in the midst of below average volume, so again, it's no biggie. Besides, the annual stockholders' meeting is coming up and somehow regardless of what is happening, the stock price seems to start climbing and climaxing, so it'll go toward $ 62.50 before it starts movin' toward $ 36.50. Short this stock now at your own peril.