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Best Buy Co., Inc. Message Board

  • eldustman eldustman Nov 30, 2012 11:51 AM Flag

    What we know as of today for BBY from the news

    Cons:

    1) Schulze hit a snag in the LBO.
    2) Schulze is a long way from making a bid (from source close to Schulze).
    3) Hurricane Sandy's effects.

    Pros:

    1) Good reports of holiday sales.
    2) Upcoming dividend.
    3) Low stock price.

    We can only speculate what the snag means? Could it be a problem with the financing or is it problems with amounts of control or is it Schulze's team just waiting to see if the stock falls more? The stock is going to be highly volatile once again.

 
BBY
35.59+0.41(+1.17%)11:58 AMEDT