I'm kicking myself. My instinct, which I don't always trust, said to sell at $69 and to repurchase lower. I'm kicking myself now as I left money on the table. Whatever...it'll be trading over $70 by EOY.
It will be trading ovr 80 by the end of the year. If you are not a short term trader, and daily price swings mean nothing, buy it on monday morning and check back in december. While shorters like Chanos are focused on a declining DVD business, Coinstar has 8 other profitable business entities in the works. It's not about DVDs, it's about a group of executives who know how to use money to make more money. These are the people that you want to invest with.