Recent

% | $
Quotes you view appear here for quick access.

Bed Bath & Beyond Inc. Message Board

  • pierrules pierrules Oct 24, 2012 6:16 PM Flag

    I think if BBBY's pps keeps dropping

    like this, PIR might have to buy them out. Any thoughts Dave??

    -Pier

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • As you probably can tell, I really have a bias towards these home goods retailers. The fact that your on this MB means either you:
      Love to bust my chops or maybe it's your pal 3Rs
      Own BBBY stock
      Or have an interest in BBBY stock

      If the latter, I would strongly recommend this stock. These guys know exactly what they are doing and have a long term strategy. They are spending $ and the CPWM purchase was a no brainer and great pick up. They also bought a textile company and I am still trying understand where that fits. These guys manage to the top and bottom line like no other. Boat loads of cash and are in the midst of buying back 2 billion in stock.
      Sound like you are sitting on a nice cushion, you would be wise to grab some here in the 50s .....won't last long. You will not regret it.

      • 1 Reply to davecarmen48
      • Good morning Dave. I haved owned BBBY since 2009 and got in at a very low PPS. I like BBBY, I just have a much larger position in PIR as I did in CPWM.

        I was actually hoping that when BBBY bought out CPWM that they were going to issue stock rather than a cash payout.

        Capital gain nightmare for me this year. I guess not a bad problem to have.

        I know a great deal about BBBY. I actually have a couple of friends that run buildings for them.

        I have a large enough position already so I won't be buying more.

        It would be nice, if and when they get back to the 70 dollar range that they would do a 2 for 1 split.

        That would be sweet!

        -Pier

    • Pier One owning Bed Bath would be like a fish trying to ride a bike.

 
BBBY
43.31-0.52(-1.19%)Jun 24 4:00 PMEDT