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Bed Bath & Beyond Inc. Message Board

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  • gestumble gestumble Jun 24, 2009 3:02 PM Flag

    Think we will close at $30 today.

    Not quite the ramp you wanted.

    It seems the best way to make $$$ off BBBY during the earnings releases the last year or so has been to short puts. Someone bright keeps making money selling those.

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    • BTW I am a small amount short into earnings, if there is a huge ramp like last time it will be a golden time to short the snot out of this stock. It is a rangebound trader's stock and you have to either sell the rips and buy the dips or vice versa, whatever works.

      IMO unrelenting horrific news is going to overwhelm the mass psychosis of a quick recovery:

      Redbook: US Retail Sales -4.4% First 3 Weeks June Vs May

      NEW YORK (Dow Jones)--National chain store sales fell 4.4% in the first three weeks of June versus the previous month, according to Redbook Research's latest indicator of national retail sales released Tuesday.

      The latest numbers are starkly different from recent weeks because they don't include Wal-Mart Stores Inc. (WMT), which said last month it would no longer provide monthly sales figures.

      The fall in the index was compared to a targeted 4.1% drop.

      The Johnson Redbook Index also showed seasonally adjusted sales in the period were down 4.5% compared with June 2008, against a targeted 4.2% fall

63.85-0.14(-0.22%)Sep 19 4:00 PMEDT

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