B Buy Stores are packed with customers and they are making purchases before walking out. Not sure why the attack on them by cnbc today. I do not hold any shares at this time but was in two different B Buy while shopping competition and B Buy was the best, I made my purchase. Alot of buying and shopping was going on in all areas of the store. This company is not going anywhere at this time. Cramer is trying to promote as a show room only, that is not the case when I was in stores, alot of buying was going on, so much so that it surprised me because of the economy. Cramer is full of shit on this one. While they knock the share price down, look for a good entry point to make money. I do not see B Buy going down in flames.
$100 is a lot of money these days. If I check out a TV at BBY, then quickly check my smartphone for competing internet prices, I always find it for $100 cheaper with free shipping delivered right to my door. Last time, they even brought it down the steps to where it was to be installed. Can't beat that.
Your are right, when someone post " adequate tv ", you can see their motive clearly.
B Buy is not going anywhere. Let others drive it down and then I may pick some share up.
Fact is, manufacturers cannot ever let B Buy go under or they will have no where to present their products to the public. Look for huge changes in the on line business vs box store. Box stores will regain strength as the economy begins to improve, not sure when the improvement begins but when it does, B Buy will do just fine.
BS! I walked in there thinking I'd find an adequate TV. The $1000 TV I saw was selling for $500 on amazon and $300 at Costco! Explain that to me!!!! Who that fack is buying there in this economy....actually screw it, who would EVER buy there? Unless you're a dumb hick.