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Best Buy Co., Inc. Message Board

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  • toughmudder456 toughmudder456 Nov 8, 2012 6:40 AM Flag

    When everyone is bullish on a board about a buyout

    You guys are all bullish. Believe me, it's never the easy that you just buy a potential buyout stock when you think an offer is coming ad it just goes up. If it were that easy, everyone would be in this stock. 80% are institutions. That means 20% are guys like us. And there are a lot of people that if they heard best buy is getting an offer this week and I could make 40%, everybody and their mother in the stock market would be gobbling up these shares. But that's not how it works. Something unexpected will happen and try to shake people out. That's why I'm short.

    Once that passes, I'll cover and likely go long.

    Watch and learn!

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