I have a small position in SBUX and plan to add ...
Here's my two cents on SBUX in the supermarket: I prefer their coffee but will buy/drink others for home if I need coffee now and don't feel like going out of my way, or making another stop at the SBUX store, just for coffee. So ...
If I can get SBUX when I'm doing regular grocery shopping, I will pay a premium for the convience. $7+ is a bit high for 12
ounces, that's darn near my limit of tolerance. But here's the kicker, I think, and it'll be interesting to see if grocers see this
or can measure it - I would make a *point* of going to a particular grocery store (which will be Safeway in NorCal it looks
like) if I could get my SBUX there. It would rank up there with the preferred dairy, preferred produce, preferred butcher shop
So I'll be hitting Safeway a little more often now, and paying up for SBUX, at least until I'm not too lazy to make the extra stop. Net I don't think this cannibalizes same store sales.
Chance----though it say omnipotent.....its me
Brad_1998, my other screen name.
Anyway, about the
What to tell???? Well like anything
its all about location. Basically i have a small
shop. Took about 20,000 iniitally to get started, you
know rent, inventory, shit like that. I work 10 hours
a day at another job. My frined from the Marines,
came up and he runs the place. I pay him well, we
split almost everything. Basically, i have whole salers
who i buy from, then i rent out vidieos, toys and
shit, or sell them to the public.
good so far. I just started a while ago. You got over
the fact that the neighborhood wiill hate your
guts..oh well, they would do the same thing if they
This place is good, its right off the
freeway where i live. So everyboyd can see it coming donw
Does that answer you
questions...???? I just figured, i like sex, and so does everybody
else so why not get into it and make some
money...hopefully....so i could buy more stocks, which is what i really
Well i couldnt help it, I had to buy more. I feel
as long as i get in under 50 im doing fine. Though i
hate to cost average up, i figure, now i have an
excuse to drink more coffee, and eat more ice
Oh yeah, i aslo have pfizer, but i SEX sells. This
drug is going to kick serious ass. Its like my porn
store, it makes me lots of money, WHY????? No matter how
the economy is, no matter if there is a war, no
matter what.....SEX sells. Sex always has sold and it
Anyway enough of
Heres to SBUX, and all that it will be. Good luck to
all...and Chance D...
YOU still the
Yeah i too am getting the same vibes. Its a tough
call. I am inclined to dump the PFE and reinvest in
SBUX but the tax consequences keep me up nites! so I
probably will stay with the PFE for the long haul. The new
drug certainly can't hurt but, yes it is too obvious
and yes that concerns me.
Great Post. I agree, SBUX had
been going nowhere for quite some time and now looks
ready to break out above 50. I recently bought in at 33
and would like to buy more if we get a pullback.
I too bought Pfizer several years ago when it was
cheap. As somewhat of a contrarian, I am a little
concerned that all this great news in PFE is too much of a
good thing. I am a long term investor and would like
to stay with PFE but maybe SBUX has a brighter
future. What do you think?
My advice is buy what you like and hold on to it. I bought SBUX 1 1/2 years ago @ 30 & Barnes & Noble @ 27. Barnes & Noble has split already @ 50, and I'm hoping SBUX does soon. The reason I bought these two stocks is because I love books and coffee. I recently bought DELL stock @ 63, right after it split, & it's @ 80 today, I think. Good luck!
No kidding. 2 months ago there weren't even 1 post a week.
I guess money talks, right?
Howard Schultz have publicly downplayed the same store growth's sustainability. That approach is better than overpromising and underdelivering. Lets see how it turns out.