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Costco Wholesale Corporation Message Board

  • marketneutral1001 marketneutral1001 Jun 3, 2013 10:50 AM Flag

    Do you guys think I should continue to hold?

    what do you think?

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    • I think Costco is a long term hold...and if the price keeps dropping a buy as much as you can stock...I mean last week right before they announce damn good earnings the stock was sitting at like 114.50.. No one was talking about the multiple being too high. Then when they announce good earnings everyone starts to hop on the multple too high band wagon.. My guess is all the folks that want in are bad mouthing the stock so they can get a lower entry point..Bottom line is long term this stock should do well...everyone goes to Costco they are a great company with a loyal customer base and I for one dont see that changing...have said that...I mean if you have a lot of shares and your entry point was like below the 80's , no one would fault you for taking some profits now...i mean if we never sell we neve make anything...my guess is that a lot of people are doing just that...but at somepoiint (and I am hoping soon) the stock will again begin its upward climb...

 
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126.48+0.47(+0.37%)Sep 18 4:00 PMEDT

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