I was never interested in investing this company before Schulze announced that he will buy at $24-26. I think he is part of this skim. He is trying to buy this company at cheap price. I expect this stock to bounce back. Anyway, it’s near Christmas time. This company will do better than many think. I used to buy the most merchandise at AMZN but since sales tax advantage is gone, BBY is much more competitive than before. And also company is still generating ton of positive cash flow which is key for private firm’s take over.
You are so right. I think that matching the online pricing is a brilliant idea and that will turn show rooming to their advantage and really hurt Amazon, If you can get the same price, why would you buy online.